Friday, February 26, 2010

The precise value of UK GDP for the 4 quarter exceeded forecasts

According to updated figures from the National Statistical Office, UK GDP rose by 0.3% in the fourth quarter of 2009. Level indicator has exceeded the expectations of market participants. Has been predicted that the value of GDP will be revised from 0,1% to 0,2%.


The index of activity in the UK services sector rose by 0,5% in the fourth quarter, compared with a decrease of 0,3% in the previous quarter. Analysts expected an increase rate of 0,3%.


The volume of production increased by 0,4% during the reporting period against the decrease by 1,0% in the previous quarter

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