The British economy decreased more than expected in Q-4 Y 2010, the Office for National Statistics (ONS) said in a revised report Friday.
Gross domestic product in Britain contracted 0.6% in Q-4, revised down from the previously estimated decline of 0.5%, the ONS report said.
The ONS report showed that the growth of production industries output in Britain was revised down from 0.9 to 0.7% in the latest Q.
British construction output fell 2.5% in Q-4, revised from a drop of 3.3% in the previous estimate released 1 month ago.
Output in the service industries was revised down to 0.7% in Q-4 of Y 2010 from a drop of 0.5%. The decline was driven by a slide in business services of 1.1%, together with a fall of 1.4% in transport, storage and communications services.
Britain's economy suffered a serious recession in recent years and the GDP declined from Q-2 of Y 2008 to Q-3 of last year.
The economy began its recovery in the last Q of Y 2009 and the GDP increased 1.1% in Q-2 of Y 2010, the strongest gain last year.
Some analysts say a large-scale government spending cut would hurt the recovery in the coming Qs, although a double-dip recession is unlikely. -Paul A. Ebeling, Jnr.