JPM raises UK 2013 growth forecast to 1.6% vs 1.2%
- 2014 up to 2.6% from 2.0%
JPM economists Allan Monks and Malcolm Barr say that
The move up across available indicators of output suggests that a return to solid growth pace is increasingly broad-based. Both the business survey data and the trajectory of the official output data into the quarter suggest Q2 GDP growth could print at 4%
Jolly hockey sticks!