More on U.K. GDP: output of production industries +1.1% Q/Q vs -0.5% in Q2, construction -2.5%...

|By:, SA News Editor

More on U.K. GDP: output of production industries +1.1% Q/Q vs -0.5% in Q2, construction -2.5% vs -3%, services +1.3% vs -0.1. Q3 GDP boosted by Olympics and loss of workday in Q2 due to Queen's jubilee celebrations, so Q4 figures may give better idea of U.K.'s economic health, says RLAM economist Ian Kernohan. Pound spikes vs the dollar is now +0.5%.