National Institute Of Economic And Social Research Estimates Of U.K. Monthly GDP

The National Institute of Economic and Social Research monthly estimates of GDP suggest that output grew by 0.5 per cent in the three months ending in September after growth of 0.4 per cent in the three months ending in August. UK economic growth over the past year has been anaemic; the level of output is only 0.5 per cent higher than this time last year. The level of GDP is still 4 per cent below its pre-recession peak, suggesting that this recovery will be the weakest of any since the end of the First World War.

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