UK GDP revised upwards on quarter

By IBTimes Staff Reporter | December 22 2009 5:05 AM

The United Kingdom GDP for the third quarter final reading was released showing a contraction of 0.2 percent from the preliminary 0.3 percent while the markets were expecting a contraction of 0.1 percent while on the year it stood contracting at -5.1 percent worse than the expected -4.9 percent.

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