India, Nov. 12 -- The UK economy expanded at a faster pace in the third quarter on household spending and investment, the Office for National Statistics said Thursday.
Real gross domestic product grew 0.7 percent on a quarterly basis, following an increase of 0.5 percent in the second quarter. The rate came in line with expectations.
On the production-side, output in the services sector increased 0.9 percent and the production sector grew 0.1 percent, while the construction sector contracted 0.7 percent.
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