UK economic output grew by 0.7 per cent in the three months to the end of October following an expansion of 0.8 per cent in the three months ending in September 2013, according to the latest monthly estimates from the National Institute of Economic and Social Research (NIESR).
By the think tank's estimates the current level of gross domestic product (GDP) is now 5.6% above the trough of the 2008-9 recession (established in April 2009), but is still 2.3% below its pre-recession peak (reached in January 2008).
Source: LiveChart
By the think tank's estimates the current level of gross domestic product (GDP) is now 5.6% above the trough of the 2008-9 recession (established in April 2009), but is still 2.3% below its pre-recession peak (reached in January 2008).
Source: LiveChart
