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UK recession less deep than thought

The UK economy shrank by less than previously thought between April and June, official figures have shown.

Revised data from the Office for National Statistics (ONS) show the economy contracted by 0.5% during the quarter, less than the 0.7% it announced last month.

The ONS said output in the construction sector was higher than it had previously estimated.

Hugh Pym reports.

  • 24 Aug 2012
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