9 Jan 2015
UK GDP outlook: Slowest expansion since Q1 2014 - RBS
FXStreet (Guatemala) - RBS analysts noted that the UK preliminary estimate of Q4 GDP will be published on 27 January 2015.
Key Quotes:
"Our GDP Tracker is signalling GDP growth of 0.6% q/q, 2.8% y/y, in Q4, the slowest quarterly pace of expansion since Q1 2014 and serving to reinforce the theme of an underlying moderation in the UK economy".
"The RBS full-year 2015 GDP forecast is 2.3%".
Key Quotes:
"Our GDP Tracker is signalling GDP growth of 0.6% q/q, 2.8% y/y, in Q4, the slowest quarterly pace of expansion since Q1 2014 and serving to reinforce the theme of an underlying moderation in the UK economy".
"The RBS full-year 2015 GDP forecast is 2.3%".