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Our monthly estimates of GDP suggest that output grew by 0.3 per cent in the three months ending in November after growth of 0.4 per cent in the three months ending in October. Economic growth in the UK remains subdued. These data lend support to the further loosening of UK monetary policy. The...
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After a long period of robust growth and low inflation, the economic outlook has darkened. Growth is slowing and inflation is rising. GDP is forecast to grow by 1.5 per cent in 2008 and 1.4 per cent in 2009. Much of the growth will come from net trade, which will contribute 0.5 per cent to...
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  Our monthly estimates of GDP suggest that output declined by 0.1 per cent in the three months ending in February after a decline of 0.2 per cent in the three months ending in January 2013. The estimates suggest that the economy continued to flat-line in the first two months of this year and...
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