UK economy seen expanding 0.4% in Q34 2018 – Bloomberg survey

According to the latest Bloomberg Survey of economists, the UK economic growth is seen a tad higher in Q3 2018 when compared to the previous survey.

Key Findings:

Q4 GDP forecast +0.4% q/q (prior +0.3%).

Q3 CPI forecast +2.4% y/y (prior +2.5%).

Q4 CPI forecast +2.2% y/y (prior +2.2%).

2018 GDP is forecast to come in at +1.3% y/y.

2019 GDP is expected to improve to +1.5% y/y.