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UK Q3 GDP revised up less than expected

Published 12/22/2009, 04:31 AM
Updated 12/22/2009, 04:33 AM

LONDON, Dec 22 (Reuters) - Britain's economic output fell 0.2 percent in the third quarter of this year, a smaller-than-expected upward revision from an earlier estimate of a 0.3 percent decline, official data showed on Tuesday.

The Office for National Statistics said the revision came as a sharp upgrade to construction output was offset by weaker services and industrial production output.

Separately, the ONS released data on the balance of payments. The current account recorded a deficit of 4.703 billion pounds from a deficit of 4.375 billion pounds in Q2.

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