Current location - Health Preservation Learning Network - Slimming men and women - According to the 20 12 economic report, Britain is once again in recession.
According to the 20 12 economic report, Britain is once again in recession.
20 12 in the first three months, the British economy shrank by 0.2% and fell into recession again.

The National Bureau of Statistics (ONS) said that the sharp drop in the output value of the engineering industry was the main factor of the sudden economic contraction.

In the definition of economics, a country's economy shrinks for two consecutive quarters, which means entering recession.

The British economy shrank by 0.3% in the fourth quarter of last year and 0.2% in the first quarter of this year, officially entering a recession.

This is the second time that Britain has entered a recession since the economic recession in 2009.

The statistics are only the latest statistics-negative growth of 0.2%, which is a preliminary estimate and needs to be further revised at least twice in the coming months.

According to the data of the National Bureau of Statistics, in the first quarter of this year, the output value of British manufacturing industry decreased by 0.4%, the construction industry decreased by 3%, and the service industry decreased by 0. 1%.

Some insiders question the correctness of the data of the National Bureau of Statistics, especially in the construction industry, which has fluctuated greatly recently.

After the latest statistics were released, the exchange rate of the pound against the dollar and the euro fell immediately.

The British Treasury Department said that the economic forecasts of the euro zone countries will also enter recession, and it is difficult for Britain to avoid being unaffected because 40% of its export economy depends on the euro zone.