The United Kingdom released the gross domestic product figures for the third quarter in a preliminary reading, where the quarterly GDP index expanded by 0.5% from 0.1% recorded in the second quarter, in line with expectations.

In addition, the annual GDP index expanded by 0.5% from the previous expansion of 0.6% recorded in the second quarter, in line with expectations.

The private consumption index was unchanged from the previous drop of 0.8% seen in the second quarter, worse than the expected 0.2% expansion. In addition, the government spending index expanded by 0.9% from the prior of 1.1%, better than expectations of 0.5%.

Gross fixed capital formation index dropped by 0.2% from the prior of 1.7%, worse than expectations of 1.1%.

Turning to the trade figures, exports dropped by 1.0% from the previous drop of 1.3%, worse than expectations of 0.8%, while imports inclined by 0.3% from the previous drop of 0.3%, below expectations of 0.7% expansion.