Trade The World
UK GDP declines 0.1% MoM in May vs. +0.1% expected
Oleh Dhwani Mehta
Tarikh Diterbitkan: 11 Jul 2025 | Tarikh Diubah: 11 Jul 2025
POPULAR ARTICLES
The UK economy remained in contraction in May, with the Gross Domestic Product (GDP) declining 0.1%, following a 0.3% drop in April, the latest data published by the Office for National Statistics (ONS) showed on Friday.
- UK GDP declined 0.1% MoM in May, a negative surprise.
- GBP/USD drops below 1.3550 after the UK economic data.
The UK economy remained in contraction in May, with the Gross Domestic Product (GDP) declining 0.1%, following a 0.3% drop in April, the latest data published by the Office for National Statistics (ONS) showed on Friday.
The market consensus was for a 0.1% growth in the reported period.
Meanwhile, the Index of services (May) arrived at 0.4% 3M/3M versus April’s 0.6%.
Other data from the UK showed that monthly Industrial and Manufacturing Production came in at -0.9% and -1%, respectively, in May. Both readings fell short of market expectations.
Market reaction to the UK data
The discouraging UK economic data weighed further on the Pound Sterling. At the press time, GBP/USD is trading 0.18% lower on the day near 1.3540.
British Pound PRICE Today
The table below shows the percentage change of British Pound (GBP) against listed major currencies today. British Pound was the weakest against the US Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.23% | 0.26% | 0.41% | 0.31% | 0.08% | 0.37% | 0.06% | |
| EUR | -0.23% | 0.02% | 0.21% | 0.07% | -0.07% | 0.12% | -0.17% | |
| GBP | -0.26% | -0.02% | 0.18% | 0.04% | -0.08% | 0.15% | -0.22% | |
| JPY | -0.41% | -0.21% | -0.18% | -0.11% | -0.36% | -0.09% | -0.39% | |
| CAD | -0.31% | -0.07% | -0.04% | 0.11% | -0.17% | 0.04% | -0.26% | |
| AUD | -0.08% | 0.07% | 0.08% | 0.36% | 0.17% | 0.34% | -0.10% | |
| NZD | -0.37% | -0.12% | -0.15% | 0.09% | -0.04% | -0.34% | -0.35% | |
| CHF | -0.06% | 0.17% | 0.22% | 0.39% | 0.26% | 0.10% | 0.35% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the British Pound from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent GBP (base)/USD (quote).
FXStreet
Lebih sejuta pengguna bergantung pada FXStreet untuk data pasaran masa nyata, alat carta, pandangan pakar dan berita Forex. Kalendar ekonomi yang komprehensif dan webinar pendidikan mereka membantu pedagang kekal bermaklumat dan membuat keputusan yang dikira. FXStreet disokong oleh pasukan kira-kira 60 profesional di ibu pejabat Barcelona dan pelbagai wilayah global.
Read More
