The rate of contraction of the UK economy in the three months from April to June has been reduced again.BBC NEWS | Business | UK growth falls less than thought
Gross domestic product fell by 0.6% compared with the previous quarter, better than the previous estimate of a 0.7% contraction.
The original estimate produced by the Office for National Statistics had indicated a 0.8% decline.
The latest improvement came mostly from the manufacturing and construction sectors of the economy.
The ONS figures showed manufacturing fell 0.1% in the second quarter, which was half the amount previously estimated.
The rate of decline in construction was 0.8% instead of 2.2%, the ONS said.
Tuesday, September 29, 2009
BBC NEWS | Business | UK growth falls less than thought
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