GDP estimate by NIESR

Estimate of GDP by the National Institute of Economic and Social Research, Great Britain, represents the report about change of GDP for the recent three months calculated according to statistical algorithm.

NIESR is one of the oldest and most influential institutes in Great Britain specializing in independent economic research.

Estimate of GDP is the anticipating indicator, because it is published three weeks prior to reports of National Statistical Bureau of Great Britain. Significance of NIESR estimation is proved by the fact that during making decisions about adjusting major interest rates, The Monetary Policy Committee (MPC) takes it into account.