Posts Tagged ‘National Institute of Economic and Social Research’

NIESR estimates 0.7% growth for UK for Q1

Influential think tank, the National Institute of Economic and Social Research (NIESR), has today suggested the UK economy recovered in the first quarter of the year after bad weather conditions led to a shock contraction in the final quarter of last year. The economy contracted by 0.5% in the October to December period after the [...]

Double-dip recession unlikely, says OECD

Influential think tank, the Organisation for Economic Co-operation and Development (OECD), has today said the global economic recovery is slowing faster and has therefore revised its growth forecast downwards for the G7 leading economies. However, the think tank has said a return to recession is unlikely but “great uncertainty” remains. It has therefore slightly revised [...]

UK Q1 economic growth figures remain unchanged

The Office for National Statistics (ONS) has today revealed the UK economy grew by 0.3% in the January to March period – unchanged from the previously estimated figure, but marginally higher than the first estimate of 0.2%.
Analysts had expected GDP to remain unchanged in the first quarter but many economists believe that economic growth will [...]

ONS to issue final estimate of Q1 growth tomorrow

The Office for National Statistics (ONS) is tomorrow expected to leave its estimate of GDP in the January to March unchanged at 0.3%.
Gross Domestic Product (GDP), a key measure of economic growth, is closely watched by economists as an indication of the health of the economy.
The figures were due to be released last month but [...]

Think tank warns recovery will be sluggish due to austerity measures

The National Institute of Economic and Social Research (NIESR) is forecasting that the UK economy expanded by 0.7% in the three months to the end of June.
Official figures for the period will be released later this month but the think tank believes most of the growth occurred over April and May.
Growth is expected to fall [...]