{"id":2851,"date":"2009-09-08T14:23:12","date_gmt":"2009-09-08T14:23:12","guid":{"rendered":"https:\/\/mmm.9dotdigital.ca\/?p=2851"},"modified":"2025-03-27T15:48:54","modified_gmt":"2025-03-27T15:48:54","slug":"uk-gdp-on-track-for-0-25-q3-rise","status":"publish","type":"post","link":"https:\/\/mmm.9dotdigital.ca\/?p=2851","title":{"rendered":"UK GDP on track for 0.25%+ Q3 rise"},"content":{"rendered":"<p>The OECD&#8217;s forecast that UK GDP will contract by a further 0.25% in the third quarter looks even more suspect following today&#8217;s industrial output release for July, showing a 0.6% rise from June to a level 0.7% above the second-quarter average.<\/p>\n<p>Services output for July will be published on 30 September but the June number was already slightly above the second-quarter average. Even assuming no rise in July (at odds with more upbeat recent business surveys), the monthly GDP estimate described in previous posts will be 0.2% above the second-quarter level &ndash; see chart.<\/p>\n<p><span class=\"full-image-block ssNonEditable\"><span><img decoding=\"async\" src=\"\/storage\/graphs\/uk-gdp-quart080909.gif?__SQUARESPACE_CACHEVERSION=1252425543772\" alt=\"\" \/><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The OECD&#8217;s forecast that UK GDP will contract by a further 0.25% in the third quarter looks even more suspect following today&#8217;s industrial output release for July, showing a 0.6% rise from June to a level 0.7% above the second-quarter average. Services output for July will be published on 30 September but the June number [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-2851","post","type-post","status-publish","format-standard","hentry","category-money-moves-markets"],"_links":{"self":[{"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=\/wp\/v2\/posts\/2851","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2851"}],"version-history":[{"count":1,"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=\/wp\/v2\/posts\/2851\/revisions"}],"predecessor-version":[{"id":5160,"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=\/wp\/v2\/posts\/2851\/revisions\/5160"}],"wp:attachment":[{"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}