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UK Economy Forecast
Published online by Cambridge University Press: 26 March 2020
Extract
Economic growth remained relatively subdued in the second half of last year, at around ½ per cent per quarter. However, this is faster than in the first half of 2005 (see figure 1). Over the year as a whole the economy expanded by 1.7 per cent in 2005. We expect economic growth to accelerate in 2006 and 2007 to around 2¼ and 2¾ per cent per annum respectively.
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- Research Article
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- Copyright © 2006 National Institute of Economic and Social Research
Footnotes
The production of this forecast is supported by the Institute's Corporate Members: Abbey plc, Bank of England, Barclays Bank plc, Ernst and Young LLP, Marks and Spencer plc, The National Grid Company plc, Nomura Research Institute Europe Ltd, Rio Tinto plc, Unilever plc and Watson Wyatt LLP.
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