30.09.2016 - British GDP growth has made 0.7%
Today was published the final report on the growth of UK's GDP in the second quarter. So, the economy expanded by 0.7%, which is 0.1% more than the forecast. The British GDP growth was recorded for the 14th consecutive quarter. The annual growth rate has been revised from 2.2% to 2.1%. It should be noted that business investment grew by 1% to 43.8 billion pounds. Despite a strong statistics from the UK and the potential growth of the pound in the near future, we expect a drop in prices to 1.2800 and 1.2600 before the end of the year.