UK GDP misses with 0.3% in Q1 2017 – GBP/USD wobbles

Brexit begins biting: the economy grew by 0.3% in Q1 2017. This is below 0.4% expected and far worse than 0.7% seen in Q4 2016. Year over year, GDP advanced by 2.1%, also short of 2.2% predicted. The services sector is the main culprit for the slower growth rate. Services is 79% of the economy […]

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