Germany Harmonized Index of Consumer Prices (MoM) came in at 0.5%, below expectations (0.6%) in February

Mar 14, 2025

UK GDP declines 0.1% MoM in January vs. +0.1% expected

The UK economy contracted in January, with the Gross Domestic Product (GDP) coming in at -0.1% after increasing 0.4% in December, according to the latest data published by the Office for National Statistics (ONS) on Friday.

GBP/USD loses momentum below 1.2950 on downbeat UK GDP data

The GBP/USD pair loses ground to near 1.2925 during the early European session on Friday.

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Germany Harmonized Index of Consumer Prices (MoM) came in at 0.5%, below expectations (0.6%) in February

UK GDP declines 0.1% MoM in January vs. +0.1% expected

GBP/USD loses momentum below 1.2950 on downbeat UK GDP data