UK: Prelim GDP risks a temporary weather-related downside surprise in Q1 - Barclays

Analysts at Barclays offer a sneak peek at what to expect from today’s UK Q1 GDP first estimate due to be reported at 0830 GMT.

Key Quotes:

“We highlight the risk of a temporary weather-related downside surprise to our Q1 GDP forecast of 0.3% q/q.

Any negative drag is likely to be unwound in the coming months.”