News Headline Summary

UK NIESR GDP Estimate (Nov) M/M 0.1% (Prev. 0.5%, Rev. to 0.1%)

Update details:

- NIESR write that they do not expect the anaemic economic performance to continue into next year. Growth is forecast to return in 2013, but not at speeds that will begin to close the UK's negative output gap and bring down the rate of unemployment in that year.

- FULL LINK: http://www.niesr.ac.uk/pdf/071212_114650.pdf

Reaction details:

- No reaction observed following the data, as the embargoed release was broken, and the release is tier 2 for the UK.

Print 15:00, 07 Dec 2012 - UK Data - Source: Newswires