British Current Account and GBP

Thursday, 22 December 2011 03:16

The U.K. economy grew at a 0.6% rate, more than expected in third quarter of a year.
According to U.K.’s Office for National Statistics Annualized Gross Domestic Product increased to 0.5%, as expected.

Also data about British Current Account was released today, indicating seasonally adjusted deficit of 15.2 billion pounds.

Analysts estimated deficit decrease from over 7 billion previously to 5.5 billion.