Data doubts linger as UK growth beats expectations
AI Summary
UK's recent growth data showed a 0.7% increase in monthly GDP for the past three months, surpassing expectations. However, some analysts express skepticism about the accuracy of these growth figures.
We’re still a bit dubious about the UK’s latest growth data. On the face of it, it looks great. Monthly GDP is up by 0.7% over the past three months, relative to the three prior months. Growth for May specifically was a tad better than expected at 0.1%, against expectations of no or even negative ...