December 2017 GDP Estimates

Our monthly estimates of GDP suggest that output expanded by 0.5 per cent in the three months to November, similar to our estimate from last month and slightly stronger than the official outturn for the third quarter of 2017 which was 0.4 per cent. The monthly estimate is closely tracking our forecast for real GDP growth for the final quarter of this year which also stands at 0.5 per cent.