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

Market news

10 April 2015

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

The National Institute of Economic and Social Research (NIESR) released its estimate of gross domestic product (GDP) for the U.K. on Friday. The GDP estimate rose by 0.6% in three months to March, after a 0.6% growth in three months to February.

According to NIESR, the recent weak performance in the production and construction sectors weighed on economic growth in the first quarter.

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