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British economy grows 0.8% in second quarter: Data

Published on Aug 15, 2014 5:06 PM
 
The City of London, London's main financial district. Britain's economy grew by 0.8 per cent in the second quarter of 2014 compared with output in the first three months of the year, official data showed on Friday. -- PHOTO: AFP

LONDON (AFP) - Britain's economy grew by 0.8 per cent in the second quarter of 2014 compared with output in the first three months of the year, official data showed on Friday.

Gross domestic product had also expanded by 0.8 per cent during the first quarter of the year, the Office for National Statistics said in a statement, confirming initial estimates provided last month.

GDP grew by 3.2 per cent in the April-June period compared with the second quarter of 2013, slightly up on the initial estimate of 3.1 percent.

At 0.8 per cent quarter-on-quarter, Britain's economy overtook the size it achieved before the global financial crisis of 2008.

 
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