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Deloitte comments on today's ONS GDP figures

Commenting on today’s ONS GDP figures, Ian Stewart, chief economist at Deloitte, said:

“The bounce in growth in the early months of the year has faded over the summer. Growth in the second half of this year is well below the levels seen in the first half, but with real incomes rising and interest rates starting to come down, consumer spending is likely to pick up, helping to sustain the recovery of the economy.”