The UK’s GDP growth rate for the year has slowed to 1.3% from the previous 1.5%, indicating a deceleration in economic expansion. This 0.2 percentage point decline reflects a lower growth trajectory compared to the prior period.
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The actual GDP figure matched analyst estimates of 1.3%, suggesting that the slowdown was anticipated by the market. This alignment with expectations may limit immediate stock market volatility. However, sectors sensitive to economic growth, such as consumer discretionary and industrials, may experience pressure as investors reassess growth prospects. The impact is likely to be more sentiment-driven in the short term, with potential longer-term implications for monetary policy considerations.
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