October 2013 GDP estimates

10 Oct 2013 03:26 PM

Our monthly estimates of GDP suggest that output grew by 0.8 per cent in the three months ending in September after growth of 0.9 per cent in the three months ending in August 2013. We estimate that the production sector provided a positive contribution to GDP growth in the third quarter of this year, despite the drop in the sector’s output between July and August. The current level of GDP is 2.5 per cent below its pre-recession peak (January 2008).

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