U.K. revises Q2 GDP to -0.6% from -0.7%, citing better-than-expected performance in the...

|By:, SA News Editor

U.K. revises Q2 GDP to -0.6% from -0.7%, citing better-than-expected performance in the construction industry. On the year, GDP fell an unrevised 5.5%, still the biggest drop since at least 1955. Economists were largely underwhelmed by the incremental boost, especially since Q1 GDP fell to -2.5% from an earlier -2.4%.