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LONDON (AFP) – The nation frugalness returned to ontogeny in the prototypal lodge of 2011 as expected, authorised accumulation has shown but economists warned of a anaemic looking amid unfathomable cuts to government spending.

Gross domestic creation (GDP) -- the amount continuance of the goods and services produced in the frugalness -- increased by 0.5 proportionality in the prototypal threesome months of 2011, the Office for National Statistics (ONS) said in a evidence on Wednesday.

The frugalness rebounded after a intense and unheralded slump of 0.5 proportionality in the test threesome months of terminal year.

The ONS warned that ontogeny was broadly same from the third lodge of 2010, after chilling weather conditions terminal Dec had taken an estimated 0.5 proportionality points from value in the ordinal quarter.

"The figures suggest that inexplicit activity in the frugalness relic pretty such stagnant," said Capital Economics economist Vicky Redwood in salutation to the data.

Analysts argued that the overmodest feat was not still brawny sufficiency to persuade the Bank of England to displace interest rates to conflict broad inflation, amid concern over the effect of unfathomable state outlay cuts and broad render prices.

"The 0.5-percent acquire was in line with consensus, but the process offset the 0.5-percent fall in the ordinal lodge -- so value was flat in the terminal 6 months," VTB Capital economist Neil MacKinnon told AFP.

Economic output was meantime 1.8 proportionality higher between January and March compared with the prototypal lodge of 2010.

"My analyse is that economic feat this assemblage is implausible to be brawny sufficiency to endorse a tightening in monetary policy -- the business tweet and the effect of higher forcefulness prices will act as brawny headwinds," added MacKinnon.

And IHS Global Insight economist histrion Archer described the first-quarter accumulation promulgation as "disappointing".

"This is a pretty unsatisfactory performance, which points to the frugalness existence exclusive adynamic coverall during the time digit quarters."

He added: "This fuels concern over the inexplicit capableness of the frugalness and its ability to resist the business squeeze."

The Bank of England voted earlier this month to keep its key interest evaluate at a achievement low level of 0.50 percent, as anaemic ontogeny offset ascension inflation worries.

Recent accumulation showed that period inflation in kingdom unexpectedly lapse to 4.0 proportionality in March from 4.4 proportionality in February, decrease push on the BoE to study the European Central Bank in upbringing rates to conflict broad prices.

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