Deloitte’s chief economist GDP figures comment

Commenting on the latest labour market figures, published this morning by the Office for National Statistics, Ian Stewart, chief economist at Deloitte, the business advisory firm, said:

“Growth has edged up after a lacklustre start to the year. However, low unemployment is yet to generate serious wage pressures and Brexit uncertainties continue to reign. The case for raising interest rates in August may have strengthened, but is hardly compelling.”

End

Notes to editors

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