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10 Jul 2019
UK GDP rises 0.3% q/q in May, GBP/USD keeps highs
The UK GDP monthly release showed that the economy returned to expansion in May, coming in at +0.3% versus -0.4% previous.
Meanwhile, Index of services (May) came in at 0.0% m/m vs. +0.1% expected and Index of services (May) arrived at +0.3% 3m/3m vs. +0.1% expected and +0.2% last.