UK’s Gross Domestic Product (GDP) numbers for Q3 2019 are out!

  • Dec 20, 2019 GMT
  • Team Kalkine
 
  • UK GDP grew by 0.4% in the July-September quarter of 2019, revised upward by 0.1 percentage points against the first quarterly estimate.
  • Service activities remained the biggest contributor, fuelling growth in the third quarter of the 2019, also construction and production contributed favourably to growth.
  • Net trade and household consumption also recorded positive contribution in the GDP growth, while government expenditure and gross capital formation had negative contribution in the Q32019 GBP numbers.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?

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