U.K. Q2 GDP Growth Stable At 0.8%; Returns To Pre-Crisis Level

Posted on Jul 25, 2014

British economic growth remained high as expected in the second quarter as a robust expansion in the dominant service sector, and industry completely offset the slight weakness in the construction sector. With the second quarter expansion, GDP returned to its pre-crisis level. Gross domestic product grew 0.8 percent sequentially in the second quarter, the same rate as seen in the first quarter.

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