Friday October 23, 09:45 AM
TABLE-UK preliminary Q3 2009 GDP -0.4 pct qq
LONDON, Oct 23 (Reuters) - Britain's economy contracted
unexpectedly in the third quarter of this year, squashing hopes
of an end to the downturn and instead making the current
recession the longest on record, official data showed on Friday.
The Office for National Statistics released the following
preliminary seasonally adjusted, real UK gross domestic product
data (2002=100, previously reported data in brackets):
Q3 09 Q2 09
GDP AT MARKET PRICES (constant prices)
Pct change q/q -0.4* -0.6 (-0.6)
Pct change y/y -5.2 -5.5 (-5.5)
QQ YY
CONSENSUS FORECAST: +0.2 -4.6
OVERALL GDP BREAKDOWN:
PRODUCTION INDUSTRIES q/q y/y
Agriculture, hunting, forestry -1.6 -6.6
Mining, quarrying inc. incl oil gas ex -3.5 -10.0
Manufacturing -0.2 -10.6
Electricity, gas and water -0.6 -9.6
Total (FP.NX - news) production industries -0.7 -10.4
Construction -1.1 -13.0
SERVICE INDUSTRIES
Distribution,hotels,catering -1.0 -5.3
Transport, storage and comm -0.3 -6.6
Business services and finance -0.1 -4.5
Government and other services UNCH -1.2
Total service industries -0.2 -3.8
* Sixth successive quarterly contraction in GDP, longest
unbroken string of quarterly declines since records began in
1955
- The ONS said there had been a peak-to-trough fall in
output of 5.9 percent during the current recession, compared to
6.0 percent between Q2 1979 and Q1 1981, a period during which
there were also some quarters of growth
(Compiled by UK Economics Desk in London)
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