CBI forecast growth

Economic forecast: CBI

  • UK economy will continue to grow throughout this year – GDP growth of 1% in 2013, unchanged from previous forecast
  • Forecast of growth of 0.3% in the second quarter, 0.4% in the third and 0.4% in the final quarter of 2013.
  • GDP growth expected to pick up in 2014: growth of 2%, with quarter-on-quarter growth to range between 0.5% and 0.6%.
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