UK Q3 GDP meets estimates as resilient growth gives BOE more room to tackle inflation

What we know so far

investingLive (Nov 12, 13:00): UK Q3 preliminary GDP +0.7% vs +0.7% q/q expectedPrior +0.5%UK Q3 preliminary GDP +1.9% vs +1.9% y/y expectedPrior +1.4%The quarterly report falls in line with estimates as the UK economy shows much resilience in growing by 0.7% on the quarter with annual growth of 1.9% in Q3.The breakdown shows that it is the services sector that is pulling the weight…