Economic Indicators, November 2013

GDP grew by 0.8% in Q3 2013 compared with the previous quarter, following growth of 0.7% in Q2 and 0.4% growth in Q1. GDP remains 2.5% below its peak in Q1 2008.

Employment grew by 155,000 (to 29.87 million) and unemployment fell by 18,000 (to 2.49 million) in June-August 2013.

Continued GDP growth and strong labour market data has boosted industry confidence, and October saw the sharpest increase in service industry confidence in over 15 years.