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UK GDP grew by 0.5% in February


April, 11 2025

The UK economy grew by 0.5% in February, recovering from a 0.1% decline in January. The growth exceeded the expectations of economists, who had forecast an increase of 0.1%. The service sector and the manufacturing sector showed growth, which led to a surge in economic growth. The British pound strengthened by 0.19% to 1.29, while the FTSE 100 stock index rose by 3%. The increase in February may be the last before the global trade war begins to put pressure on businesses and consumers. Hous... Read More

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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.