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UK DIY News

UK economic growth slower than previously thought

The UK economy grew by 0.1% between April and June, less than the 0.2% estimated previously.

Output from the service sector grew by 0.2%, compared with the previous estimate of 0.5%, the Office for National Statistics (ONS) said.

However, industrial output fell by less than previously thought.

The latest GDP revision is likely to raise further questions about the strength of the UK's fragile economic recovery.

Source: BBC Business News
http://www.bbc.co.uk/news/business-15178959

05 October 2011
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Max Crosby Browne - CEO, Home Decor
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