The U.K. economy grew 0.1% in August, beating economists' expectations of a 0.1% contraction, as production growth offset weakness in services and construction. The reading still marked a slowdown from growth of 0.4% month-on-month in June and July. After the release, the pound rose 0.4% against the U.S. dollar and gilt yields fell across the curve.
Summary written by Upside AI from the original article. Read the source for full details.
Related tickers and likely impact
GBP/USD
▲ Likely positiveRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/14/2026 | 1.31962 |
| Change that session | -0.45% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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