Glimmers of hope on the economy – Arbuthnot Banking Group
In this Perspective Ruth Lea, Economic Adviser to the Arbuthnot Banking Group, takes stock of the latest economic indicators and previews this week’s Monetary Policy Committee meeting. The 1.0% increase in GDP for 2012Q3 was better-than-expected but, after allowing for special factors, underlying growth was only 0.3%. Even if 2012Q4…
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