After 63 consecutive quarters of growth, UK economic growth ends in Q2 2008

Economic growth was 0.0% in Q2 2008

Latest ONS GDP report for UK economy.

 

Household expenditure fell by 0.1 per cent, down from growth of 1.1 per cent in the previous quarter. This follows falls in the consumption of goods, especially food and non-alcoholic beverages and to a lesser extent cars, and net tourism. Household expenditure is now 2.3 per cent higher than the second quarter of 2007.

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