Britain's economy shrank by a worse-than-expected 0.6 percent in the fourth quarter of 2010, official data showed on Friday, hit by the impact of harsh wintry weather. "Gross domestic product (GDP) contracted by 0.6 percent in the fourth quarter of 2010, revised down from the previously estimated fall of 0.5 percent," the Office for National Statistics said in statement. That marked the largest quarterly drop in GDP -- the total value of goods and services produced in the economy -- output since the second quarter of 2009. Click here to find out more!
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©