On June 30, 2025, the UK Office for National Statistics released the final quarterly GDP growth figure for the second quarter. The reported value was 0.30%. No forecast was provided; the previous figure was also 0.30%.Definition: Gross Domestic Product (GDP) represents the total market value of all final goods produced and services provided within a country or region during a specified period. Significant GDP growth typically indicates robust economic development, increased national income, and improved consumer spending power, which may prompt the central bank to raise interest rates and thereby strengthen the currency's appeal.Market Impact: If the actual reading exceeds expectations, it is generally supportive for the British pound; conversely, a lower-than-expected figure may put downward pressure on the currency.Data Importance: This release is considered moderately important (level 2). The quarterly and annual growth rates are calculated by analyzing changes in aggregate economic output compared to the previous quarter. The data is published once per quarter, with the next release scheduled for September 2025.
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