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Britain to launch monthly GDP estimates next July

Reuters

LONDON (Reuters) - Britain's Office for National Statistics said on Thursday it will introduce a monthly measure of gross domestic product (GDP) in July next year.

"ONS has today announced that, following a consultation, it will go ahead with plans to introduce a new publishing model for its short-term output indicators, including a monthly and rolling 3-monthly estimate for GDP," it said in a statement.

The release next July will contain the first estimate of economic growth covering May 2018.

(Reporting by Andy Bruce; editing by Stephen Addison)