The  economy shrank by 0.3\% in the fourth quarter of 2012 according to figures released today by the , increasing the likelihood of a triple-dip recession. This comes after the 0.9\% growth seen in the preceding quarter which is believed to have been due to the  . The Office for National Statistics has said economic output remained flat throughout 2012.
The United Kingdom economy shrank by 0.3\% in the fourth quarter of 2012 according to figures released today by the , increasing the likelihood of a triple-dip recession. This comes after the 0.9\% growth seen in the preceding quarter which is believed to have been due to the Olympic Games . The Office for National Statistics has said economic output remained flat throughout 2012.
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United Kingdom
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Olympic Games