UK GDP forecasts from NIESR: 1.7% for 2017 & 1.9% for 2018

01/08/2017 | 23:14 GMT

Forecasts from Britain's National Institute for Economic and Social Research (NIESR)

The forecasts are unchanged from the prior prognostications

2017 at 1.7%
2018 at 1.9%
NIESR outlook for the Boe:

They expect a Bank of England interest rate hike in first quarter of next year (from the second quarter of 2019 previously

NIESR said its forecasts were based on a return to "meaningful" productivity growth from 2018 onwards

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