LONDON — Britain's economy grew just 0.2% in the first quarter of 2017, according to a second estimate from the Office for National Statistics released on Thursday, even lower than the preliminary reading released in late April.
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Britain's economy grew even less than we thought at the start of 2017
The ONS released the second estimate of GDP growth for the first quarter of 2017 on Thursday
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"UK GDP growth slowed to 0.2% in Quarter 1 2017 as consumer facing industries such as retail and accommodation fell and household spending slowed. This was partly due to rising prices. Construction and manufacturing also showed little growth, while business services & finance continued to grow strongly," it said.
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