International Reserves in United Kingdom

United Kingdom International Reserves | Economic News & Forecasts

United Kingdom - International Reserves

The economy appears to have grown meagerly in Q1 against a backdrop of heightened Brexit uncertainty, with the services and manufacturing PMIs hovering only slightly in expansionary territory in the first two months of the year amid soft new orders. More positively, in the three months to January employment surged, the unemployment rate dipped, and wage growth remained at a multi-year high. The strong labor market should have supported private consumption in Q1, as suggested by healthy retail sales growth in January and February. On the political front, the EU recently agreed to delay Brexit until 12 April, although there is still no clarity over the final outcome of the process. Earlier in March, the chancellor presented his Spring Statement, highlighting stronger-than-expected public finances and suggesting a looser fiscal stance if the UK leaves the EU with a deal.

United Kingdom - International Reserves Data

2013  2014  2015  2016  2017  
International Reserves (USD bn)117  112  138  124  138  

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United Kingdom Facts

Bond Yield1.20-3.04 %Apr 22
Exchange Rate1.30-0.35 %Apr 22
Stock Market7,460-0.26 %Apr 18

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