The underlying pace of growth is probably close to this average.
Not exact matches
«Although
underlying momentum appears slightly softer than previously anticipated, the
pace of economic
growth is expected to pick up through 2013,» the bank stated.
While the
growth of underlying intermediate imports has moderated from the exceptionally strong
growth observed in the latter half
of 1999, it continues to grow in line with the
pace of growth of the domestic economy.
Martin Ellis, Halifax housing economist, said: «There is evidence that the
underlying pace of house
growth may be easing.