Economist Chris Williamson's reaction to unexpected GDP data

Economist’s reaction to unexpected GDP data

Posted on 27 Sep 2012

Markit's Chief Economist Christopher Williamson tells TM his view on today's GDP data which revealed that Britain’s economy shrank slightly less than estimated, falling 0.4% from April to June not 0.5% as economists had expected.

Christopher Williamson, Chief Economist at Markit

“The underlying trend this quarter was one of very modest growth, after allowing for the lost working day due to the Jubilee. “The second half of the year is likely to be substantially better than the first half, although the underlying rate of growth looks set to…

Economist’s reaction to unexpected GDP data

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