Thursday, December 23, 2010

United Kingdom in the second quarter of the economic downturn has slightly better than the preliminary statistics

United Kingdom NSO 28, published in the latest report shows that in the second quarter of this year, the United Kingdom economic decline compared to the previous quarter, the 0.7% slightly better than originally published 0.8% drop. Compared to the same period last year, second-quarter economic decline 5.5%, although it is slightly better than originally published 5.6%, but still as 1955 started the statistics since the fall of Max.

The report shows that second-quarter decline of industrial production for the United Kingdom by 0.6%, significantly lower than the first quarter 5.1% drop. The manufacturing sector has fallen by 0.2%, significantly lower than the first quarter 5.5% drop, drop, 0.6% lower than the first quarter 1.6% drop; construction has fallen by 2.2%, significantly lower than the first quarter 6.9% drop.

In the second quarter of this year is the United Kingdom's economy for the fifth consecutive quarters of contraction. United Kingdom Central Bank-the Bank of England recently stated on many occasions that, the degree of economic recession in the United Kingdom than originally estimated. Includes a number of international organizations, institutions predict that this year United Kingdom economy appears more than 4% negative growth next year only appears weak growth.

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