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Prospects for the UK Economy

Simon Kirby, Robert Metz and Rebecca Riley

National Institute Economic Review, 2005, vol. 191, 37-53

Abstract: GDP growth slowed below trend in the second half of last year. At the time of writing, before the initial estimates of GDP growth for the fourth quarter of 2004 are released, we estimate that GDP expanded by 0.4 per cent in the final quarter of last year. The weakness in GDP growth reflects in large part the poor performance of industrial production in the second half of last year.

Date: 2005
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