The final estimate for GDP in Q2 2016 was nudged up from 0.6 per cent to 0.7 per cent.Construction output was revised up from -0.7 per cent to -0.1 per cent while services also saw a positive revision from 0.5 per cent to 0.6 per cent over the same period.Consumer spending rose 0.9 per cent, up from the 0.7 per cent rise reported in the previous quarter. This pushed the annual rate of growth to 3.0 per cent which is the highest since before the financial crisis.
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Executive Report - September 2016
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