On August 14, 2025, the UK Office for National Statistics released the preliminary annual GDP growth rate for the third quarter. The reported figure was 1.2%, with no forecast available; the previous reading was also 1.2%.Definition: GDP, or gross domestic product, represents the total market value of all final goods and services produced within a country or region over a specific period. Robust GDP growth typically indicates healthy economic development and rising national income, which in turn enhances consumer purchasing power.Market Impact: If the actual figure exceeds expectations, it is considered positive for the British pound.Data Importance: This release carries an importance rating of 3. The statistics include both quarterly and annual rates, and are published monthly. The next release is scheduled for the following month.
This content is AI-generated.Please verify before use.
Disclaimer: The Crypto Calendar is for informational purposes only and doesn’t reflect Gate.com’s views or serve as financial advice.