ECONOMICS COMMENTARY
Apr 12, 2013
Construction set to act as drag on UK economy in first quarter
A downturn in the construction sector has added to the risk of having slid back into recession in the first quarter. UK construction industry output fell 7.0% on a year ago in February, worse than the 5.5% decline seen in January, according the latest data form the Office for National Statistics. For the first two months of the year, output is down 6.3% on last year.
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