UK GDP grows 0.4% mom in Mar, 0.6% qoq in Apr, above expectations

UK GDP grew 0.4% mom in March, well above expectation of 0.1% mom. Services output rose 0.5% mom. Production output rose 0.2% mom while construction output fell -0.4% mom.
For Q1, GDP grew 0.6% qoq, above expectation of 0.4% qoq.
Read more...