Fraser of Allander Institute publishes latest GVA growth predictions

The Fraser of Allander Institute has published forecasts for growth in the Scottish economy over the second and third quarters of 2017:

GVA growth in 2017 Q2 is estimated to be 0.49% which, at an annual rate, is 1.98%
GVA growth in 2017 Q3 is estimated to be 0.40% which, at an annual rate, is 1.62%

They add: “[W]e note that the UK economy — which had a surprisingly strong 2016 — has weakened in recent quarters. This will have an implication for Scottish trade with the rest of the UK and may therefore dampen growth in Scotland through 2017.”

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