Guardian Stockbrokers Key Economic News Monday 12 August 2019

Share On Facebook
share on Linkedin

The key points from today’s economic news, brought to you by Guardian Stockbrokers.


UK GDP surprisingly fell in 2Q 2019

In the UK, the flash gross domestic product (GDP) unexpectedly eased 0.20% on a QoQ basis in 2Q 2019, less than market expectations for a steady reading. In the prior quarter, GDP had advanced 0.50%.

UK construction output fell more than expected in June

In the UK, construction output fell 0.70% on a MoM basis in June, compared to a revised rise of 0.30% in the previous month. Market anticipation was for construction output to fall 0.40%.

UK industrial production declined less than expected in June

In the UK, industrial production registered a drop of 0.10% on a MoM basis in June, less than market expectations for a fall of 0.20%. Industrial production had risen by a revised 1.20% in the previous month.

UK manufacturing production fell less than expected in June

In the UK, manufacturing production fell 0.20% on a MoM basis in June, less than market expectations for a fall of 0.30%. In the prior month, manufacturing production had advanced 1.40%.

German trade surplus fell in June

In Germany, the seasonally adjusted trade surplus declined to €16.80 billion in June, compared to a trade surplus of €20.60 billion in the prior month. Market anticipation was for the nation to register a trade surplus of €19.50 billion.

Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

Leave A Reply

Do you want to write for our Newspaper? Get in touch:

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210511 11:17:22