Friday preview; GDP, Aga, Berendsen

The stats compilers at the Office for National Statistics have another go on Friday at guessing what UK gross domestic product (GDP) was in the second quarter of 2012.

The stats compilers at the Office for National Statistics have another go on Friday at guessing what UK gross domestic product (GDP) was in the second quarter of 2012.

Expectations are that GDP will have shrunk 0.5% during the quarter to a level down 0.6% year-on-year. Those figures, if correct, would represent a slight improvement on the first stab at estimating GDP, which suggested the UK economy had shrunk by an eye-watering 0.7% during the quarter, after declining by 0.3% in the first quarter.

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