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U.K. GDP Falls to 1.6%, Equaling Lowest Growth Rate Since 2001

Discussion in 'Fundamental Analysis' started by ActionForex.com, Jul 25, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    U.K. economic growth slowed to 1.6% year-over-year from 2.3% in the first quarter, which was the slowest pace since 2001. Gross domestic product rose 0.2% in the three months through June, as the housing slump and fall out from the subprime crisis saw construction, manufacturing and financial services fall. The...

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