UK GDP
How fast the UK economy grew.
The basics
Gross domestic product is the value of everything the UK produced. The UK is one of few countries to publish it every month as well as every quarter.
How to read the result
- Above the forecast
- Growth above the forecast often lifts the pound.
- Below the forecast
- Growth below the forecast often weakens the pound.
Going deeper
Monthly figures are volatile (strikes, weather, bank holidays); the three-month average is the steadier read.
FAQs
- Why can the price move the “wrong” way?
- Prices already reflect the forecast, so markets react to the surprise, not the number itself. Other parts of the same release, revisions to earlier months or other news in the same hour can outweigh the headline figure, and a first move often reverses within the hour.
- Should I close my trade before the release?
- That is your decision; this page does not give advice. What is certain is that prices can jump in seconds around big releases, spreads widen, and a stop loss can close at a worse price than the one you set. Many traders check their position size and stop before the release.