Pantheon Macroeconomics - We expect the official estimate of quarter-on-quarter GDP growth in Q4 to be revised up to 0.7% today, from last month's preliminary estimate of 0.6%. The consensus forecast is for no revision, so the data likely will boost interest rate expectations and sterling, if we're right.

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22 February 2017 Q4 GDP Likely to be Revised up, but Momentum won't Endure

By Samuel Tombs

We expect the official estimate of quarter-on-quarter GDP growth in Q4 to be revised up to 0.7% today, from last month's preliminary estimate of 0.6%. The consensus forecast is for no revision, so the data likely will boost interest rate expectations and sterling, if we're right.

Posted: 21st Feb 2017 in 'U.K. Documents'

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