UK Q2 GDP up 0.4%, SocGen flags softer H2 growth
Societe Generale notes UK GDP rose 0.4% qoq in Q2 2026, helped by business investment and resilient consumption, but expects growth to soften in the second half.
GBPUSD
According to Societe Generale's Sam Cartwright, UK GDP increased 0.4% quarter-on-quarter in the second quarter of 2026. The expansion was led mainly by business investment and resilient consumer spending.
Despite the solid Q2 print, the bank expects a softer pace of growth in the second half.
Source: FXStreet Forex News