The UK's Office for National Statistics will publish the latest monthly GDP reading at 7:00 UK time on Thursday 15th February.
This is the month-on-month figure - released around six weeks after the end of the month that is being measured (December in this case).
Will this reading show positive growth?
Resolution notes:
A reading of 0.0% resolves to NO
This market resolves based on the reading published on the day, future revisions are not relevant
Here are some markets on other UK economic stats:
/SimonGrayson/will-the-bank-of-england-change-the
1,000🏅 Top traders
| # | Name | Total profit |
|---|---|---|
| 1 | Ṁ719 | |
| 2 | Ṁ258 | |
| 3 | Ṁ130 | |
| 4 | Ṁ76 | |
| 5 | Ṁ70 |
The big news this morning is that GDP dipped for the quarter, meaning that the UK is now technically in recession.
https://www.theguardian.com/business/2024/feb/15/uk-recession-consumers-cut-spending-gdp
https://www.bbc.co.uk/news/live/business-68297420
But ONS figures also show that we shrank by 0.1% in December meaning that this market resolves to NO.
Will next month's figure show growth?
@RanaG I wanted to add news links once they updated to include the GDP figure and also add next month's market before I resolved this one:
/SimonGrayson/will-the-uks-monthly-gdp-figure-pub-45ba75ca5f8a