Loans and Finance

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News and information about loans, money, debt, finance and business issues.

Tuesday, October 27, 2015

GDP Dips To 0.5%

As per the ONS:
"Change in gross domestic product (GDP) is the main indicator of economic growth. GDP is estimated to have increased by 0.5% in Quarter 3 (July to Sept) 2015 compared with growth of 0.7% in Quarter 2 (Apr to June) 2015."
However, as I have noted many times before, statistics from the ONS are out of date and invariably revised. Therefore do not attach much weight to these figures.

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