|
|
"A historical political resource."
|
UK economy in double-dip recession
|
|---|
| Parent(s) |
Container
|
| Contributor | Picimpalious |
| Last Edited | Picimpalious Apr 26, 2012 06:49am |
| Logged |
0
|
| Category | News |
| News Date | Wednesday, April 25, 2012 02:00:00 PM UTC0:0 |
| Description | The UK economy has returned to recession, after shrinking by 0.2% in the first three months of 2012.
A sharp fall in construction output was behind the surprise contraction, the Office for National Statistics said.
A recession is defined as two consecutive quarters of contraction. The economy shrank by 0.3% in the fourth quarter of 2011. |
| Share |
|
| Article | Read Article |
|
| Date |
Category |
Headline |
Article |
Contributor |
|
|
