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UK Economic Activity Shrinks by 0.2%

UK economic activity shrank by 0.2% in the last three months of last year according to official figures.

It marks a sharp drop in economic activity from the third quarter of 2011, when gross domestic product (gdp) expanded by 0.6%.

The figures, from the Office for National Statistics (ONS), are a preliminary estimate, which could be revised either up or down by 0.2%.

Posted by .(JavaScript must be enabled to view this email address) on 01/25 at 08:51 AM

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