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UK economy loses momentum as pace of growth revised lower

Q3 GDP rose 0.4% instead of the 0.5% estimated, while Q2 growth was revised down to 0.5%

Published Wed, Dec 23, 2015 · 09:50 PM

London

THE UK economy expanded less than previously estimated in the past two quarters in a sign that growth is losing some momentum.

Gross domestic product rose 0.4 per cent between July and September instead of the 0.5 per cent previously estimated, the Office for National Statistics in London said on Wednesday.

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