Bank of England Governor Bailey said that institutional structures are being tested by the banking crisis, but the BoE should not turn away from its fight against inflation.
U.K.’s February GDP 0.0% m/m (expected 0.1%; last 0.4%).
February Construction Output 2.4% m/m (expected 0.9%; last -1.7%); 5.7% yr/yr (expected 1.6%; last 3.3%).
February Industrial Production -0.2% m/m (expected 0.2%; last -0.5%); -3.1% yr/yr (expected -3.7%; last -3.2%).
February trade deficit GBP17.53 bln (expected deficit of GBP17.00 bln; last deficit of GBP16.09 bln)