Chief Economist at the British Chambers of Commerce, David Kern comments on these revised GDP figures:
- GDP grew by 0.7% in Q4 2013 – unrevised from the provisional estimate
- GDP is estimated to have increased by 1.8% in 2013, compared with 2012, revised down 0.1 percentage points from the provisional estimate
- In Q4 2013 investment grew by 2.4%, while net trade made a positive contribution to GDP growth