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Actual | Forecast | Previous | Revised Form | |
| 0.3% | 0.4% | N/A | |||
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For February
From the Release: "Our monthly estimates of GDP suggest that output grew by 0.3 per cent in the three months ending in February, following on from a growth of 0.6 per cent in the three months ending in January. The figure for the three months to January reflects a comparison of the period November 2009 to January 2010 with August to October 2009. The economy was extremely weak between August and October and the January figure is therefore high despite the fact that, in the month of January output was lower than it had been in November and December. We consider that the estimate of the growth rate in the three months ending in February 2010, as compared with the period September to November 2009 offers a better indication of the underlying current progress of the economy. As figure 1 shows, we now estimate that output is 0.7 per cent higher than at the trough of the depression which we currently place in September 2009." |
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| 5/12 | 7/7 | 8/5 | 9/8 | 10/6 | 11/5 | 12/8 | 1/13 | 2/10 | 3/10 | ||
| Actual | -1.5% | -0.4% | -0.4% | 0.2% | 0.0% | -0.4% | 0.2% | 0.3% | 0.4% | 0.3% | |
| Forecast | |||||||||||
| Previous | -1.9% | -1.3% | -0.8% | -0.4% | 0.2% | -0.4% | -0.4% | 0.2% | 0.3% | 0.4% | |
| Revised From | -1.5% | N/A | -0.4% | N/A | N/A | 0.0% | N/A | N/A | N/A | N/A | |
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Actual | Forecast | Previous | Revised Form | |
| 0.4% | 0.3% | N/A | |||
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For January
From the Release: "Our monthly estimates of GDP suggest that output grew by 0.4 per cent
in the three months ending in January, following on from a growth of
0.1 per cent in the three months ending in December. The improvement in
the growth rate to January is more the consequence of the fact that
output in October was very weak rather than a clear indication that a
more substantial recovery is underway. Output levels are similar to
those in the early summer of last year and, although we hope the
recession is over, the economy remains very depressed.
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Actual | Forecast | Previous | Revised Form | |
| 0.3% | 0.2% | N/A | |||
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For December
From the Release: "Our monthly estimates of GDP suggest that output grew by 0.3 per cent in the three months ending in December, following on from a growth of 0.2 per cent in the three months ending in November. These data show that GDP fell by 4.8 per cent in 2009. This is a bigger fall than in any year of the great depression and is Britain’s biggest contraction since 1921. As the graph below shows, the broader picture of the depression is that output fell sharply for twelve months until March and has not changed very much since then, although evidence of a recovery is starting to emerge." |
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Actual | Forecast | Previous | Revised Form | |
| 0.2% | -0.4% | N/A | |||
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For November
From the Release: "Our monthly estimates of GDP suggest that output grew by 0.2 per cent in the three months ending in November, following on from a decline of 0.3 per cent in the three months ending in October. These figures are based on estimates which assume that the contraction in GDP in the third quarter of 2009 will, in the light of recent ONS data for the construction sector, be revised to 0.1 per cent. They give some hope that the renewed weakness which of the economy in the summer is now over and that the trough of the depression has been passed. On the basis of current information it seems likely that the growth rate in the three months ending in December will be higher than the November figure mentioned above." |
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Actual | Forecast | Previous | Revised Form | |
| -0.4% | -0.4% | 0.0% | |||
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For October
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Actual | Forecast | Previous | Revised Form | |
| 0.0% | 0.2% | N/A | |||
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For September
From the Release: "Our monthly estimates of GDP suggest that output was unchanged in the quarter to September as compared to the second calendar quarter of the year. Industrial production was much weaker than we expected in August. In part this was because of reduced activity in the oil industry which is known to be erratic. But the manufacturing sector showed further weakness as well." |
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Actual | Forecast | Previous | Revised Form | |
| 0.2% | -0.4% | N/A |
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Actual | Forecast | Previous | Revised Form | |
| -0.4% | -0.8% | -0.4% |
|
Actual | Forecast | Previous | Revised Form | |
| -0.4% | -1.3% | N/A |
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Actual | Forecast | Previous | Revised Form | |
| -1.5% | -1.9% | -1.5% | |||
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For April
Provided by: National Institute of Economic and Social Research Previous Release: HTML |
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