NIESR’s gross domestic product rose by 0.6% in three months to February

Market news

11 March 2015

NIESR’s gross domestic product rose by 0.6% in three months to February

The National Institute of Economic and Social Research (NIESR) released its estimate of gross domestic product (GDP) for the U.K. on Wednesday. The GDP estimate rose by 0.6% in three months to February, after a 0.6% growth in three months to January, which figure was revised down from a 0.7% increase.

According to NIESR, the economy is expected to grow 2.9% in 2015 and 2.3% in 2016.

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