March quarter economic growth in the UK -6.1% y/y
- expected -6.1%, prior -7.3%
For the March month alone GDP +2.1% m/m
- expected 1.5%, so a solid beat
- prior 0.4%
GBP is trading up a touch, the March month result is encouraging despite a difficult quarter. April should be better when that data comes given the success the UK is having with its vaccine rollout.
more to come