United Kingdom Industrial Production (YoY) registered at -1%, below expectations (0.5%) in April

United Kingdom Industrial Production (YoY) registered at -1%, below expectations (0.5%) in April
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UK GDP contracts 0.4% q/q in April, GBP/USD falls back to 1.2700

The UK GDP monthly release showed that the economy contracted 0.4% in April, coming in at % versus -0.1% previous. Meanwhile, Index of services (Apr)
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