Monitor the UK Final GDP q/q to gauge economic health and forecast market trends. Essential for valuation.
This is the most comprehensive indicator of economic performance and serves as the main metric for assessing the economy's vitality. The 'Previous' value reflects the 'Actual' from the Preliminary report, which may cause the 'History' data to seem disjointed. There are two GDP reports released quarterly, approximately 45 days apart: Preliminary and Final. The Preliminary report is issued first and usually has the most significant market influence.
What it Measures
The change in the inflation-adjusted value of all goods and services produced by the economy.
Usual Effect
'Actual' results exceeding 'Forecast' are favorable for the currency.
Source & Frequency
Office for National Statistics (latest release) - https://www.gov.uk/government/statistics • Released quarterly, approximately 85 days after the conclusion of each quarter.
How Data is Derived
N/A
Also Known As
GDP Second Estimate, National Accounts
Acronym
Gross Domestic Product (GDP)