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Wednesday, February 26, 2014

Growth and Economy Stabilising

The Office for National Statistics (ONS) has stated that the economy grew 0.7% in Q4 2013. However, overall growth for 2013 fell from 1.9% to 1.8%.

Business investment  grew 2.4% in Q4
Exports rose 0.4% in Q4
Consumer grew 0.4% in Q4

These figures indicate that the economy is stabilising, and that growth may be becoming sustainable (until the next economic shock).

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