Grant Allan & Stuart McIntyre
Fraser of Allander Institute, University of Strathclyde
Slightly later than usual, here are our monthly nowcasts of the Scottish economy, covering the first two quarters of 2018.
Our model suggests that:
- GVA growth in 2018 Q1 was 0.29%, or at an annual rate 1.18%
- GVA growth in 2018 Q2 is 0.29%, or at an annual rate 1.16%
Later on this month the Scottish Government will release official estimates covering the first three months of 2018, against which we can compare our Q1 estimate.