“The U.K. economy shrank less than initially estimated in the second quarter after construction and production output were revised to show a smaller slump.
Gross domestic product fell 0.5 percent, compared with an initial estimate of a 0.7 percent decline on July 25, the Office for National Statistics said today in London. The report also showed the impact of cooling export demand, with net trade cutting 1 percentage point from GDP, the most since 1998.”
If you enjoy the content at iBankCoin, please follow us on Twitter
