Thread: U.K. GDP Falls to 1.6%, Equaling Lowest Growth Rate Since 2001
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Old 07-25-08, 06:19 AM
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Lightbulb U.K. GDP Falls to 1.6%, Equaling Lowest Growth Rate Since 2001
U.K. economic growth slowed to 1.6% year-over-year from 2.3% in the first quarter, which was the slowest pace since 2001. Gross domestic product rose 0.2% in the three months through June, as the housing slump and fall out from the subprime crisis saw construction, manufacturing and financial services fall. The...

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