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Thursday, April 25, 2013

U.K. dodges triple-dip recession - Apr. 25, 2013

LONDON (CNNMoney)

The U.K. dodged a triple-dip recession as a recovery in its dominant services sector helped the economy to resume growth in the first quarter.

Gross domestic product rose by 0.3% compared with the fourth quarter of 2012, when it shrank 0.3%, according to preliminary estimates released by the national statistics office.


U.K. dodges triple-dip recession - Apr. 25, 2013

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