Final revision of UK GDP for Q4 2014 31 March 2015

  • Prior 0.5%. Revised to 0.6%. Q3 0.7%
  • 3.0% vs 2.7% exp y/y. Prior 2.7%. Revised to 2.8% Q3 2.6%
  • Business investment -0.9% vs -1.4% prior. Revised to +0.3%
  • 3.7% vs 2.1% prior y/y. Revised to 7.4%
  • Index of services -0.2% vs +0.3% exp m/m. Prior 0.6%
  • 0.8% vs 0.8% exp 3m/3m unch prior
  • Household income +1.4% vs -0.5% in Q3
  • House saving ratio 5.9% vs 5.8% in Q3
  • Exports 4.6% vs -0.1% in Q3 q/q
  • 5.6% vs -0.5% in Q3 y/y
  • Imports 1.6% vs 1.4% in Q3 q/q
  • 3.0% vs -0.1% in Q3 y/y

Some good revisions in the numbers too. That's a half decent finish for the quarter which did see a slow down in the second half of the year. GBP/USD has a little wander towards 1.4795 from 1.4770

Q4 2014 UK GDP final details