Will the UK's monthly GDP figure published on 13th September show positive growth?
Will the UK's monthly GDP figure published on 13th September show positive growth?
22
430Ṁ24k
resolved Sep 13
Resolved
NO

The UK's Office for National Statistics will publish the latest monthly GDP reading at 7:00 BST on Wednesday 13th September.

This is the month-on-month figure - released around six weeks after the end of the month that is beig measured (July 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:

Will the Bank of England raise the UK's interest rate at their 21st September meeting?NO‌

Will the UK's CPI inflation figure published on 16th August be below 7%?YES‌

Will the UK's CPI inflation figure published on 16th August be below 8%?YES‌

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Next month’s market is here:

1y

0.5% drop according to the ONS as reported by the a Guardian and the BBC.

https://www.theguardian.com/business/live/2023/sep/13/uk-economy-contracts-july-bp-bernard-looney-quits-us-inflation-business-live

This resolves to NO.

1y

Real wages, which are highly correlated with GDP, grew in July. I assume this question is about real GDP, right?https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/averageweeklyearningsingreatbritain/september2023#:~:text=In%20May%20to%20July%202023%2C%20the%20annual%20growth%20for%20regular,in%20May%20to%20July%202023.

1y

@Shump Yes - this is about the (real) GDP figures put out by the ONS tomorrow morning!

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