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The National Institute of Economic and Social Research (NIESR) released its estimate of gross domestic product (GDP) for the U.K. on Wednesday. The GDP estimate rose by 0.5% in three months to May, after a 0.4% growth in three months to April. The previous figure was revised up from a 0.3% growth.
"A rebound of production sector output in April has supported a reasonable GDP growth in the three months to May 2016," James Warren, NIESR Research Fellow, said.
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