UK economic recovery continues but at slower rate
Figures from the Office for National Statistics have shown the gross domestic product of the UK grew by 0.2% in the first quarter of 2010.
The figure is lower than 0.4% rise in the fourth quarter of 2009 although it may be revised.
The ONS reported that the increase in ouput was mainly due to increases in business services, finance and manufacturing. Output of the service industries grew by 0.2% and the production industries increased output by 0.7%.
Charles Davis, senior economist at the centre for economics and business research, commented: "Overall, today's data show the UK recovery is still fragile. The Bank of England is now
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