The UK Office for National Statistics released the preliminary quarterly GDP data for the third quarter of 2025 on August 14, 2025. Actual, forecast, and previous values were not provided.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. Significant GDP growth typically indicates robust economic development and rising national income, which can boost consumer spending and potentially prompt the central bank to raise interest rates to tighten monetary policy.Market Impact: If the reported figure exceeds the forecast, it is considered positive for the British pound. This data has a medium importance rating of 2. Both quarterly and annual rates are published. The release frequency is quarterly; the next release date is not provided.
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