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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 August, after a 0.6% growth in three months to July. The previous reading was revised down from a 0.7% growth.
"We expect an average rate of growth of 2.5 per cent for 2015 as a whole," the NIESR said.
The think tank expects the Bank of England to raise its interest rate in February 2016.
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