National institute of economic and social research estimates of monthly GDP
GDP growth of 0.9% in 2014 Q2
Our monthly estimates of GDP suggest that output grew by 0.9% in the three months ending in June after growth of 0.7% in the three months ending in May 2014. The month-on-month dip in the ONS’ latest production estimates is expected to weigh only marginally on the economy’s overall robust performance in 2014Q2. Based on our estimates, the UK economy is now 3.2% larger than in the same period last year.
