trending Market Intelligence /marketintelligence/en/news-insights/trending/PJRJberbCkpsslwRZpQNGQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

UK GDP posts stronger-than-expected rebound in January

Paypal Well-Positioned To Gain Share In COVID-Related Digital Payments Shift

Street Talk Episode 61 - Investors debate if U.S. banks have enough capital in post COVID world

You Down With PPP? Consider The Risks

Street Talk Episode 60 - You Down With PPP? Consider The Risks


UK GDP posts stronger-than-expected rebound in January

The U.K. economy grew 0.5% on a monthly basis in January, rebounding from a 0.4% contraction in December 2018, data from the Office for National Statistics showed.

The Econoday consensus forecast monthly GDP growth of 0.2% in January.

The services index rose 0.3% and the production index advanced 0.6% in January, both picking up from declines in December 2018. Manufacturing also bounced back 0.8%, following a 0.7% decline in the previous month.

In the three months to January, the U.K.'s GDP grew 0.2%, matching the same pace of growth in the three months to December 2018.

The data comes as U.K. lawmakers are scheduled to vote on the Brexit agreement with the European Union later. Analysts expect that the U.K. economy will expand by 1.6% in 2019 and 1.8% in 2020 if a no-deal Brexit is avoided.

Meanwhile, the U.K.'s goods and services trade deficit widened £1.3 billion to £10.4 billion in the three months to January, separate data from the statistics office showed.

The goods deficit widened £2.4 billion to £38.0 billion, while the services surplus increased £1.1 billion to £27.7 billion.