BREAKING: UK GDP estimates and industrial production higher than expected

UK GDP Estimate YoY: 1.4% (Forecast 0.9%, Previous 1.0%)

UK GDP Estimate MoM: 0.5% (Forecast 0.1%, Previous -0.1%); 3M/3M estimate: 0.6% vs 0.4% exp. and 0.2% previously

UK Industrial Production YoY: 0.1% vs -2.3% exp. and -1.5% previously

UK Industrial Production MoM: 1.5% vs 0.1% exp. and -0.9% previously
UK Manufacturing production: 2.2% MoM vs 0.2% exp. and -1.1% previously

German Inflation

Final German CPI MoM: 0.3% vs 0.3% and 0.3% previously
Final German HICP YoY: 2.3% vs 2.3% exp. and 2.3% previously
Final German HICP MoM: 0.4% vs 0.4% exp. and 0.4% previously

There is little to no reaction on EURGBP after the data.

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This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

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