UK first quarter GDP year-on-year revision

Office for National Statistics announced the UK first quarter GDP year-on-year revision on 2025-05-15. with the prior figure recorded as 1.50%.

Regarding the UK first quarter GDP year-on-year revision, Actual value > expected value is bullish for the pound; conversely, it is bearish for the pound, GDP is the abbreviation for gross domestic product, which refers to the total value of all final goods produced and services provided in a country's economy over a specific period (a quarter or a year). A significant increase in a country's GDP reflects robust economic development, increased national income, and enhanced consumer ability. In this case, the country's central bank may raise interest rates and tighten the money supply, as a good economic performance and rising interest rates will increase the attractiveness of the country's currency.

This data holds an importance level of , calculated using Analyze the changes in the economic total of the last quarter and publish the quarterly and annual growth rate data, and updates Monthly.

This content is AI-generated.Please verify before use.

Disclaimer: The Crypto Calendar is for informational purposes only and doesn’t reflect Gate.com’s views or serve as financial advice.