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GBP: GDP growth of 0.6 per cent in 2015Q1

From niesr.ac.uk

Our monthly estimates of GDP suggest that output grew by 0.6 per cent in the three months ending in March 2015 after growth of 0.6 per cent in the three months ending in February 2015. The start of the year has seen the economy grow at a reasonable pace. This is despite the poor performance of both the production and construction sectors. * NIESR’s latest quarterly forecast (published 10th February 2015) projects GDP growth of 2.9 per cent per annum in 2015 and 2.3 per cent in 2016 (see [url]http://niesr.ac.uk/media[/url] for the associated press release). Technical notes: Our track record in producing early ... (full story)

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