LONDON: UK growth figures will also help decide when the Bank of England might start to hike borrowing costs.
Economists predict official figures will show GDP growth bounced back in the second quarter after a new-year slowdown.
Alongside fading worries about the Greek debt crisis and signs of rising living standards, any such recovery in headline growth could fan expectations that the Bank’s policymakers are readying to raise interest rates, perhaps even before the end of the year.
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