Queen's Yard | Consumer confidence to power 0.8% GDP growth in Q3
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Consumer confidence to power 0.8% GDP growth in Q3

21 Oct Consumer confidence to power 0.8% GDP growth in Q3

Figures out later this week are expected to show that the UK economy is growing at its fastest pace for three years.

The GDP figures for the third quarter will be published on Friday and according to the latest estimate from the National Institute of Economic and Social Research (NIESR) the economy is likely to have grown by 0.8 per cent in the three months to the end of September.

This builds on the growth of 0.3 per cent and 0.7 per cent seen in the first two quarters of 2013.

Source: www.myfinances.co.uk, accessed 21/10/2013.

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