Dotbee.ai

New data GDP YoY (May)

7/11/2024

actual 1.4, previous 0.7

The event is the release of the Gross Domestic Product (GDP) Year-over-Year (YoY) data for the UK in May. The actual YoY GDP growth rate reported is 1.4%, which is higher than the previous value of 0.7%. This indicates that the UK's economy has grown at a faster pace compared to the previous period. The market was expecting a YoY GDP growth rate of 1.2%, so the actual figure of 1.4% has exceeded the estimated value. This event is considered to have a high impact on the market, especially for the British Pound (GBP) currency.

This is not investment advice. Remember to verify the information provided here.

Get access to the full analysis

  • Over 35 000 indexes
  • CFD, Forex, Crypto and Stocks Exchange
  • Over 150 Indicators
  • Pattern and candle analysis
  • Support and resistance levels
  • Fundamental, technical and sentimental analysis
  • Power from AI
Web versionApp StoreGoogle Play

Contacts

Telephone number

+48 32 700 81 66

Email address

[email protected]

Company information

Honey Payment S.A. at ul. Nowy Swiat 33/13, 00-029 Warsaw, Poland, Register number KRS 0000895826, share capital in the amount of 201.4 mln PLN, NIP 5252859204, REGON 388760204