GDP for the fourth quarter of 2010 decreased 0.5% after 0.7% growth in Q3 according to the preliminary estimates from the ONS. In the three main sectors of the economy, production increased by 0.9%, services decreased by 0.5% and construction decreased by 3.3%. The largest contributors to the negative growth in the quarter were business services and finance, construction and distribution, hotels and restaurants.
Other quarter on quarter growth percentages include agriculture which increased by 0.3% after decreasing by 0.3% last quarter and 1% in the same quarter last year.
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