• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms

Forex Traders Guide

The Ultimate Forex Knowledge Base

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

UK Third-Quarter Economic Growth Downgraded to 1.1%

December 22, 2021 by Forex Winner Leave a Comment

UK Third-Quarter Economic Growth Downgraded to 1.1%

Source: Office for National Statistics

The United Kingdom’s third-quarter economic growth was revised lower to reflect a slower services output growth, along with a decline in production output. EWU is flat premarket.

  • The third-quarter economic growth was downgraded to 1.1% from the earlier announced 1.3%, following an upward revised 5.4% in the second quarter.
  • The latest figure brings the level of real quarterly gross domestic product 1.5% below levels recorded prior to the COVID-19 pandemic at the end of 2019.
  • The services output growth was revised to 1.4%, down from the 1.6% earlier announced, bringing the level 0.6% below fourth-quarter 2019 levels.
  • The production output was changed to reflect a 0.1% decline versus the 0.8% growth in the first estimate amid supply chain constraints.
  • Construction output declined by a revised 1.0%, bringing the level 2.1% lower than pre-COVID-19 levels due to enhanced data from VAT returns.

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

Investing Strategically in 2024: The Rise of Active Managers

December 11, 2023

Trump’s Push to Repeal Obamacare: A Potential Roadblock in 2025

December 11, 2023

U.S. Treasury Yields Rise as Investors Brace for Busy Week

December 11, 2023

Footer

Forex Broker Reviews

TradeStation

TradeStation Review

July 1, 2019 By Forex Winner

liteforex

LiteForex Review

November 8, 2019 By Forex Winner

easymarkets

easyMarkets Review

October 24, 2019 By Forex Winner

Forex Robot Reviews

Earn2Trade Review

August 20, 2023 By Andre

FundedNext Review

August 16, 2023 By Andre

Topstep Forex Review

August 14, 2023 By Andre

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2023 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure