UK GDP m/m comes in at 0.3% against 0% consensus

The UK’s Gross Domestic Product month over month (GDP m/m) for August 2026 was released at 0.3%. This figure exceeded the consensus expectation of 0%. The previous month’s reading was revised to -0.1%.

Following the release, the British Pound showed varied movement against major currencies. EURGBP moved -0.6 pips 15 minutes after the release, which is small compared to its median 1-hour move of 6 pips. GBPAUD moved -4.9 pips, while its median 1-hour move is 17 pips. GBPCAD gained +1.3 pips, compared to a median 1-hour move of 12 pips. GBPCHF showed no change at 0.0 pips, against a median 1-hour move of 10 pips. GBPJPY rose +8.2 pips, with a median 1-hour move of 15 pips. GBPNZD advanced +9.2 pips, relative to its median 1-hour move of 18 pips. GBPUSD moved -3.7 pips, which is small compared to its median 1-hour move of 13 pips. The measured market reactions so far are generally small relative to typical historical 1-hour moves for these pairs.