On August 14, 2025, the UK Office for National Statistics released the preliminary annual GDP growth rate for the third quarter. The reported figure was 1.2%, with no forecast available; the previous reading was also 1.2%.Definition: GDP, or gross domestic product, represents the total market value of all final goods and services produced within a country or region over a specific period. Robust GDP growth typically indicates healthy economic development and rising national income, which in turn enhances consumer purchasing power.Market Impact: If the actual figure exceeds expectations, it is considered positive for the British pound.Data Importance: This release carries an importance rating of 3. The statistics include both quarterly and annual rates, and are published monthly. The next release is scheduled for the following month.
this-content
disclaimer-th