Arab Today, arab today uk economy weakly recovers
Last Updated : GMT 08:44:49
Arab Today, arab today
Arab Today, arab today

UK economy weakly recovers

Arab Today, arab today

Arab Today, arab today UK economy weakly recovers

UK economy
London - KUNA

The UK's economic recovery has been weaker than previously thought, according to revised official figures published here Tuesday, suggesting that growth this year could be lower than previously forecast.
The revised data from the Office for National Statistics (ONS) showed that while third quarter of this year growth was in line with earlier estimates at 0.7 percent, readings for the previous five periods have all been lowered.
Gross domestic product (GDP) since third quarter of last year was only 2.6 percent ahead of the same period last year, down from a previous estimate of 3 percent.
The ONS data showed GDP for the first quarter of this year revised down from 0.7 percent to 0.6 percent and for the second quarter from 0.9 percent to 0.8 percent.
Business investment, though ahead year-on-year, contracting by 1.4 percent over the quarter rather than 0.7 percent - its worst performance since the second quarter of 2009.
Meanwhile, Britain current account deficit has soared to 27 billion pounds equaling a record 6 percent of the country GDP.
The report said that these revisions mean the recovery is not as far advanced as previously thought, with the economy now 2.9% bigger than its pre-recession peak in 2008, rather than 3.4 percent.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today uk economy weakly recovers Arab Today, arab today uk economy weakly recovers

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today uk economy weakly recovers Arab Today, arab today uk economy weakly recovers

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday