ECONOMICS COMMENTARY
Apr 19, 2013
Week Ahead Economic Overview [22-26 Apr]: UK first quarter GDP to reveal triple-dip fate
The preliminary estimate of first quarter gross domestic product (GDP) on Thursday will reveal whether the UK has slipped into a triple-dip recession. We estimate that the currently available data point to a modest 0.1% expansion at best, after GDP fell 0.3% in the fourth quarter of last year, although a further decline would not be a surprise.
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