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UK Q1 GDP Unlikely to See 1st Estimate Revision
Friday sees the UK's second estimate for the first quarter of 2018's GDP figures. Below are five pieces of analysis for consideration before this release. Adding more clarity to the median estimate, a poll of sixteen analysts showed that fifteen believe the q/q growth rate first estimated at 0.1% for Q12018 is unlikely to be changed. The one dissent was for a slight revision upwards to 0.2%. It is worth noting such a revision has only happened once in Q1 since 2006 and that was in 2010. 2) Second Estimates do not have track record of being revised: Previous analysis by MNI ahead of the first estimate of GDP showed ... (full story)
