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home / news releases / ZGBR - U.K. Economy Shrinks In August As Brexit Uncertainty Builds


ZGBR - U.K. Economy Shrinks In August As Brexit Uncertainty Builds

By James Smith, Developed Markets Economist

August's GDP figures are arguably not quite as bad as they look - the 0.1% contraction follows a solid July growth figure. But even so, there's very little to cheer about in the UK economy at the moment

UK GDP contracted by 0.1% in August, suggesting there is very little to cheer about in the UK economy at the moment.

Admittedly, it is worth noting that this latest fall in output followed a decent July figure, which was revised upwards to 0.4%. It is also true that the 0.7%

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Stock Information

Company Name: SPDR Solactive United Kingdom ETF
Stock Symbol: ZGBR
Market: NYSE

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