• Prior -0.1%
  • GDP -0.1% vs -0.1% 3m/3m expected
  • Prior -0.3%
  • Services +0.2% vs +0.2% m/m expected
  • Prior -0.1%
  • Industrial output -0.2% vs 0.0% m/m expected
  • Prior +0.6%
  • Manufacturing output 0.0% vs 0.0% m/m expected
  • Prior +0.8%
  • Construction output +1.1% vs -0.1% m/m expected
  • Prior -0.5%

The readings are mostly matching estimates with the services sector growing slightly on the month. That helps to see the UK economy pull off a slight growth to start the new year. The PMI data in February is also encouraging and all of this should allay any recession fears for now at least.