Preliminary UK GDP estimate leaves some questions in the air

Published on April 27, 2011 by IFX | NEWS   ·   No Comments Gross Domestic Product (GDP) increased by 0.5 per cent on quarter in the first quarter of 2011, following a decrease of 0.5 per cent in the fourth quarter of 2010, according to data just out from the Office of National Statistics (ONS). Market estimates were for a rise of 0.5%. Of note, ONS has indicated that, "the effect of the...