Forex Blog

October 23, 2009

UK Economy Shrinks Another 0.4 Percent

For the first time since Gross Domestic Product (GDP) figures were first recorded in 1955, Britain’s economy suffered its sixth consecutive quarter of declining growth, falling another 0.4 percent from July to September. Since the beginning of the recession, the economy has contracted a total of 5.9 percent.

BBC News

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