UK GDP fall: Reaction to shock 0.3% contraction

Jackson, Gary
January 2013
Fundweb;1/25/2013, p9
Trade Publication
The article reports that Great Britain's economy performed worse than expected in the last quarter of 2012, and the nation's gross domestic product (GDP) contracted by 0.3 percent. Economists at the British Office for National Statistics had expected the GDP to fall by only 0.1 percent. Economists have warned that Great Britain is likely to face a severe recession.


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