International Reserves in United Kingdom

United Kingdom International Reserves | Economic News & Forecasts

United Kingdom - International Reserves

While the economy should have avoided recession in Q3, any expansion was likely minimal, as Brexit uncertainty and a less favorable external environment dampened activity. In June–August growth was tepid, weighed on by contraction in the manufacturing sector, while both the services and manufacturing PMIs pointed to worsening business conditions in September. Worryingly, the hitherto rock-solid labor market has shown signs of buckling under Brexit pressure: In June–August, the unemployment rate rose, while employment and vacancies shrank. More positively, wage growth continues to markedly outstrip inflation, which should be propping up private consumption. On the political front, the UK and EU recently reached a new Brexit deal. The passage of the deal should boost short-term growth, although there is still uncertainty over whether parliament will approval it.

United Kingdom - International Reserves Data

2013  2014  2015  2016  2017  
International Reserves (USD bn)107  112  138  124  138  

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United Kingdom Facts

Bond Yield0.43-3.04 %Sep 04
Exchange Rate1.23-0.35 %Sep 04
Stock Market7,311-0.26 %Sep 04

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