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UK Overview
Publication year - 2015
Publication title -
economic outlook
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.1
H-Index - 8
eISSN - 1468-0319
pISSN - 0140-489X
DOI - 10.1111/1468-0319.12178
Subject(s) - economics , momentum (technical analysis) , econometrics , economic history , keynesian economics , financial economics
The ONS's annual re‐write of economic history means that the forecast for GDP starts from a higher level than previously thought. However, the revisions also show slightly weaker momentum coming into 2015 which, along with the run of softer data through the summer, have led us to push down our forecast for GDP growth in 2015 and 2016 from 2.6% and 2.8% respectively three months ago, to 2.5% and 2.6% now.