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UK Q3 GDP Growth Confirmed At 0.1%

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us
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The UK economy registered a meager growth as initially estimated in the third quarter, the Office for National Statistics said on Monday.

Gross domestic product grew by unrevised 0.1 percent sequentially, following the second quarter's 0.2 percent expansion.

The growth was driven by increases in services and construction, while industrial output contracted.

The dominant service sector advanced 0.2 percent, following a growth of 0.3 percent a quarter ago. Construction output also expanded 0.2 percent after rising 1.2 percent in the preceding period.

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