UK: Q3 GDP estimate is likely to be revised - TDS

Analysts at TDS suggest that today we get the hard UK data for September, which markets will use for guidance as to whether the Q3 GDP estimate is likely to be revised from the initial 0.4% q/q print.

Key Quotes

“We see a bit of upside risk to construction output at -0.1% m/m (mkt -0.9% and ONS estimate -1.0%), and downside risk to manufacturing output at flat m/m (mkt and ONS 0.3%).”