Thursday, May 12, 2011
A slow start to the second quarter?
Posted by David Smith at 09:00 PM
Category: Thoughts and responses

The National Institute's record in predicting the GDP figures has been pretty ropey recently but its latest estimate, that GDP growth in the three months to April was just 0.3%, chimes in with other evidence of modest growth. The National Institute (of Economic and Social Research) produced its estimates, as usual, after the release of the latest industrial production figures, here, which were disappointing.