Will the UK's monthly GDP figure published on 15th February show positive growth?
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42
Ṁ9332
resolved Feb 15
Resolved
NO

The UK's Office for National Statistics will publish the latest monthly GDP reading at 7:00 UK time on Thursday 15th February.

This is the month-on-month figure - released around six weeks after the end of the month that is being measured (December in this case).

Will this reading show positive growth?

Resolution notes:

  • A reading of 0.0% resolves to NO

  • This market resolves based on the reading published on the day, future revisions are not relevant

Here are some markets on other UK economic stats:

/SimonGrayson/will-the-bank-of-england-change-the

/SimonGrayson/how-high-will-the-uks-cpi-inflation

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The big news this morning is that GDP dipped for the quarter, meaning that the UK is now technically in recession.

https://www.theguardian.com/business/2024/feb/15/uk-recession-consumers-cut-spending-gdp

https://www.bbc.co.uk/news/live/business-68297420

But ONS figures also show that we shrank by 0.1% in December meaning that this market resolves to NO.

Will next month's figure show growth?

Simon GraysonboughtṀ5,000NO

@SimonGrayson Please resolve. I don't get why you're still trading.

@RanaG I wanted to add news links once they updated to include the GDP figure and also add next month's market before I resolved this one:

/SimonGrayson/will-the-uks-monthly-gdp-figure-pub-45ba75ca5f8a