UK GDP to stay in spotlight – Lloyds Bank

Analysts at Lloyds Bank suggest that UK’s second estimate of Q1 GDP is likely to remain in the spotlight which is expected by Lloyds Bank to be unrevised at 0.3%q/q.

Key Quotes

“The overall growth expected to be weighed by slower consumer spending growth and a negative contribution from net trade. It remains to be seen whether signals of firm export activity in business surveys will be reflected in the official figures in due course.”