EEF comment on GDP data

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EEF responds to latest GDP data

Commenting on the GDP data published today, Ms Lee Hopley, Chief Economist at EEF, the manufacturers’ organisation, said:

“While the economy was still expanding at a decent pace at the end of last year, it was not across all sectors and not quite as fast as most forecasts were expecting. The UK has an enviable performance compared with most other developed economies, but there was some notable weakening, not least in parts of manufacturing, through the second half of 2014.

“With UK manufacturers entering 2015 in a more cautious mood, given some of the risks in the global outlook the next 100 days of election campaigning need to shed more light and certainty on the priorities for business growth, investment and job creation.”


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