UK Preliminary GDP advances 0.7% QoQ in Q1 2025 vs. 0.6% expected

• Quarterly GDP for the UK rose 0.7% in Q1 2025 vs. 0.6% estimate.
• UK GDP arrived at 0.2% MoM in December vs. 0% forecast.
• GBP/USD holds gains below 1.3300 after the UK GDP data.

The UK economy grew 0.7% QoQ in the three months to March 2025, following a 0.1% increase in the final quarter of 2024. The data beat the estimated 0.6% rise in the reported period.

The UK GDP advanced 1.3% year-over-year (YoY) in Q1 2025 vs. 1.2% expected and a 1.5% in Q4 2024.

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