UK: GDP grows 0.3% in Q1, as expected

FXstreet.com (Barcelona) - On a quarterly basis UK GDP increased 0.3% in Q1 2013, after rising 0.3% in Q4 2012, according to data released today by National Statistics. This result is in line with market consensus.

Year-over-year GDP grew 0.3% in Q1, down from +0.6 in Q4 and below expectations of a 0.6% increase.