Global Economic News

European Economic News Preview: UK GDP, Mortgage Approvals Data Due

Revised quarterly national accounts and mortgage approvals from the UK and flash inflation from Germany are due on Monday, headlining a busy day for the European economic news.

At 2.00 am ET, the Office for National Statistics releases UK GDP and business investment data. The initial estimate showed that the UK economy grew 0.6 percent in the second quarter after rising 0.7 percent in the preceding period.

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by Renju Jaya

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