Croissance économique britannique avant la guerre d'Iran

What happened: The UK economy grew by 0.5% in February, defying expectations and marking a significant acceleration from the 0.1% growth in January. This unexpected surge in economic activity, reported by the Office for National Statistics, occurred before the outbreak of the US-Iran conflict.

Market impact: The robust growth figure boosted investor confidence in the UK economy, driving a rally in the FTSE 100 index. However, the positive sentiment was short-lived as geopolitical tensions escalated, leading to a sell-off in global markets. The UK's energy and defense sectors, which are sensitive to geopolitical risks, were particularly affected.

What to watch next: The next GDP estimate for March, due in June, will provide insight into whether the UK economy maintained its momentum despite the Iran war. Additionally, the Bank of England's interest rate decision and inflation report, scheduled for May, will offer guidance on the central bank's stance amidst the evolving geopolitical landscape.