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Jul 15 - 06:55 PM

Morgan Stanley: What We Expect from the UK Monthly GDP Print on Thursday

By eFXdata  —  Jul 15 - 04:00 PM

Morgan Stanley Research preview the UK monthly GDP print due on Thursday.

"In may we see some slowdown in momentum in manufacturing, with ICT and hospitality countering the boost to services sector growth from strong retail sales," MS notes.

"With this, our forecast for 3M/3M growth comes in at 0.5%Q. We continue to tracl 2Q26 GDP growth at 0.2%Q," MS adds.

Source:
Morgan Stanley Research/Market Commentary

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