Politics 26 October 2012 “Unless you know what the Olympic effect was you can't really say what this means" Business quote of the day. Sign up for our weekly email * Print HTML “Unless you know what the Olympic effect was you can't really say with any degree of accuracy about what this means for the overall recovery” Peter Dixon of Commerzbank, as economists digest yesterday’s news that UK GDP has increased by 1 per cent in the last quarter. The government said this means the economy is “on the right track" but the Office for National Statistics have warned that figures had been artificially boosted by two short-term factors: the Olympic Games and June's extra bank holiday for the Queen's Diamond Jubilee. › Debate is raging - but the parties just seem to be drying up Short term boost. Photograph: Getty Images Helen Roxburgh is the online editor of Economia Subscribe from just £1 per issue More Related articles Diversify your income in increasingly concentrated UK markets How Brexit will affect boob jobs, hip replacements and other medical devices What happens when the European Medicines Agency leaves the UK?