NIESR GDP Estimate (3M)
Actual
-0.3%
Previous
-0.3%
Forecast
-0.1%
The GDP Estimate released by the National Institute of Economic and Social Research is an estimate of growth over the last 3 months up to the report which comes out a month before the official announcement. The report is highly reliable and would influence the UK monetary policy. A high reading is seen as positive (or bullish) for the GBP, whereas a low reading is seen as negative (or bearish).