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Latest data confirm marginal slowdown in UK economic growth
Amit Kara, head of UK macroeconomic forecasting at NIESR, said “The latest data confirm that UK GDP growth is slowing in the final quarter of last year. Activity is set to ease to 0.3 per cent over this period, which is slightly below potential. The slowdown comes alongside a general softening in global activity and is therefore, not entirely attributable to uncertainty caused by Brexit. Growth is being driven by the non-retail -0.1 0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 2018 Q1 3m to Apr 3m to May 2018 Q2 3m to July 3m to Aug 2018 Q3 3m to Oct 3m to Nov 2018 Q4 3m to Jan 3m to Feb 2019 Q1 ONS data NIESR forecast NIESR ... (full story)