UK DATA: NIESR: UK Feb-Apr GDP Estimated Up 0.3%;….

UK DATA: NIESR: UK Feb-Apr GDP Estimated Up 0.3%; Growth Below Trend
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The rate of UK growth in the three months through April slowed from the
first quarter, with the economy growing at below trend rate, the
National Institute of Economic and Social Research said Wednesday.
NIESR said growth in the three months through April was 0.3%, down
from the 0.5% seen in the first quarter. April output is likely to have
been hit by the extra Royal Wedding Bank Holiday, on April 29, which
gave employees the chance to book an extended break as it offered a link
between the Easter Bank Holidays on April 22 and the May 2 Bank Holiday
but NIESR did not factor this into its latest growth estimate.