The Olympic spending in five years push Britain's most strong quarterly growth, springboarding the country out of recession in the third quarter, data released on Thursday showed
It provides some rare relief government accused favoritism tightening excessive growth, and may make the central bank is unlikely to another exciting cash injection.
The national bureau of statistics said, gross domestic product (GDP) during July to September, up 1.0%, better than expected 0.6%, 0.4% in April to June atrophy.
Countries are not out of the predicament, but. It is still not restore output loss in the 2008-2009 recession and recovery - it's main trading partners - the eurozone economy recession and global economic growth driving factors, such as China slow to face a bumpy road.
Temporary factors to the London Olympic Games and an additional a public holiday, in the second quarter rebound ticket sales data has also been exaggerated.
However, this is still better than expected, may prevent the economy in 2012, an overall contraction.
Pounds a one-week high against the dollar and the British government bonds to expand fall, data after the release of a new assessment of market opportunity, more central bank asset purchase stimulus.
Many economists growth figures and central bankers, it seems to hold high the hope, the new funding plan will lift the blockade of bank loans and economic recovery continued relatively optimistic advice changed their view.
"In economic recovery again protracted case, we expect that this month's asset purchase is the last time," barclays bank economist in a research report said.
Any more sustainable recovery, also can ease the pressure of government, to alleviate the austerity plan, aimed at delete a huge budget deficit tax increases and spending cuts.
Prime minister David Cameron, who is trailing in the polls, says growth in return for his policy defense, although he also knocked a record cautious.
"There is more work to do, still have a long way to go," Cameron said. "But, we have the correct method, we must adhere to this kind of practice.
Meanwhile, opposition labor party financial spokesman Ed bowles to maintain the viscosity changed his telephone. Complacent thing, have to do now is simply wait and hope things will get better, "he said."
note
Most economists believe that sustained economic recovery far some business survey said after the beginning of the weak, and in the last quarter of the year and one-time factors of the main driving forces behind the strong rebound.
Census and statistics department estimates that Olympic ticket sales accounted for five points quarter GDP rise, then continuous three quarters of contraction.
Economists also estimates, 0.5%, from the output of the rebound is due to lose their extra holiday, June to celebrate the queen Elizabeth 60 years on the throne.
The national bureau of statistics said, Britain's economy grew by 0.3%, this year so far, but there are still 3.1%, lower than the first quarter of 2008 peak.
The bank of England governor king warned said on Tuesday, economic recovery is still slow, the eurozone debt crisis and cooling of India, China and Brazil, and fast growth of the economy brought about by the threat.
However, nine the bank of England policymakers' confidence in the newspaper interview knocked a record. Paul fisher and blue beans, said the central bank's new plan to get credit flows through economic showed encouraging signs.
Investors have reduced expect another boost bank cash is king said, policy makers think "long and hard" extension currently approved 37.5 billion pounds of quantitative easing monetary policy buy bonds.
However, there are signs that the UK economy in the next few months facing a serious threat. British factory orders accident drop in October released CBI industry trend survey showed on Wednesday.
, is the world's largest advertising WPP group, cut the expected revenue, on Thursday in a few months the second hit its third quarter slowed sharply September in North America and Europe.
In the UK service industry - this makes more than three quarters of the GDP - output, rose by 1.3% in the third quarter, second quarter dropped 0.1%. This is since 2007 since the third quarter of the most strong quarterly growth.
Industrial production rose by 1.1%, since 2010 since the second quarter of the strongest rise. Construction - accounts for less than 7% of gross domestic product - 2.5% contraction.
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