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+++ UK Gross Domestic Product fell 0.2% in Q4 2011, forecast was for 0.1% decline (Office for National Statistics preliminary release) +++

Gross Domestic ProductUK GDP

Q3 2011 (Preliminary ONS) (-0.3%)
Q3 2011 0.6%
Q2 2011 0%
Cosntruction output (-0.5%)

Released on 28 March 2012. Quarter 4, 2011 GDP

UK gross domestic product (GDP) in volume terms decreased by 0.3% in the fourth quarter of 2011, revised from a decline of 0.2% previously estimated. For the year 2011, GDP in volume terms increased by 0.7%.
Output of the production industries fell by 1.3%, within which manufacturing fell by 0.7%
Output of the service industries fell by 0.1%, while output of the construction industry fell by 0.2%
Household final consumption expenditure increased by 0.4% in volume terms in the latest quarter
In current price terms, compensation of employees rose by 0.9% in the fourth quarter of 2011

For further information go to the Office for National Statistics website


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