NIESR

AcronymDefinition
NIESRNational Institute of Economic and Social Research (Britain)
References in periodicals archive ?
The pound could also drop by around 10% - it recently hit two-year lows against the US dollar - and inflation could rise to 4.1% even if an "orderly" no-deal exit is secured, NIESR said.
Experts consider a recession as being two consecutive quarters of it ti Th NIESR economic contraction.
In its report released yesterday, Niesr predicted the economy will grow by roughly one per cent per year over the course of 2020 and 2021, with uncertainty expected to hit investment and productivity growth.
The pound could also drop by around 10% - it recently hit two-year lows against the US dollar - and inflation could rise to 4.1% even if an "orderly" no-deal exit is secured, NIESR said In a report released on Monday, NIESR added that the economy is set to grow by 1% a year over 2020 and 2021, even with a no-deal Brexit being avoided.
Jagjit Chadha, director of the NIESR, warned any such move would effectively "throw concrete" in the wheels of British trade.
T?he pound could also drop by around 10% - it recently hit two-year lows against the US dollar - and inflation could rise to 4.1% even if an "orderly" no-deal exit is secured, NIESR said In a report released yesterday, NIESR added that the economy is set to grow by 1% a year over 2020 and 2021, even with a no-deal Brexit being avoided.
"There is no palpable growth for some years to come following a no-deal Brexit," (https://in.reuters.com/article/britain-eu-economy/stalling-uk-economy-risks-recession-as-brexit-nears-niesr-idINKCN1UH13M) noted NIESR director Jagjit Chadha at a news conference.
The NIESR report concludes: "While this type of customs union arrangement is seen as being as frictionless a trade relationship as is possible without the UK being in the single market, it would nevertheless involve significant non-tariff barriers that would hinder trade, particularly in services.
Her paper and NIESR research reported in the paper by myself and colleagues present strong evidence that employers commonly recruit migrants because of difficulties in recruiting local, British, workers.
At the same time, the NIESR revised down its outlook for the Bank of England's interest rate path.
As this depreciation is passed through to consumer prices, NIESR expects consumer price inflation to accelerate rapidly, reaching a peak of around 4% in the second half of 2017.
NIESR figures suggest that output grew by 0.6% in the three months ending in July, following growth of 0.8% in the three months ending in June 2014.