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European Economic News Preview: UK GDP & Foreign Trade Data Due

By Renju Jaya   ✉   | Published:   | Follow Us On Google News
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Monthly GDP estimates and foreign trade from the UK and flash quarterly national accounts and employment from the euro area are due on Thursday.

At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial output and foreign trade data. The economy is forecast to grow 0.2 percent on a monthly basis in June, reversing a 0.1 percent fall in May. The visible trade gap is seen at GBP 21.7 billion compared to a shortfall of GBP 21.69 billion in the previous month.

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