25.02.2016 - The UK’s economy grew by 0.5%

Today was published the second preliminary report on GDP growth in the UK, according to which in the 4th quarter of the country's economy expanded by 0.5%, against 0.4% in the third quarter. Investments in business in the last quarter of last year increased by 2.4% compared to the same period in 2014. In general in 2015 investment increased by 4.7%. The main factor that continues to negatively affect concerns about the referendum on Britain's membership of the European Union. We expect strong price movements in the coming months, but after the current fall we expect the resumption of growth with potential targets at 1,4500-1,5000.

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