- NIESR’s gross domestic product declined to 0.6% for the fourth quarter
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9 janeiro 2015
NIESR’s gross domestic product declined to 0.6% for the fourth quarter
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 declined to 0.6% for the fourth quarter from 0.7% in the third quarter.
According to NIESR, the economy grew at 2.6% in 2014, up from 1.7% in 2013. That was the best reading since the financial crisis.
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