ONS releases statistics for second quarter of 2012

Ons_normal

UK current account in #deficit by £20.8bn in 2012 Q2, up from a deficit of £15.4bn in Q1 http://t.co/JVrmNVuF #economy #GDP

Ons_normal

The volume of household spending fell by 0.2% between Q1 and Q2 2012, but grew by 0.2% between Q2 2011 and Q2 2012: http://t.co/b86ITD3k

Ons_normal

Revised business #investment in Q2 2012 was 0.9% up on Q1 2012 and 3.1% up on Q2 2011. http://t.co/wIzx6iDN #ONS

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Double-dip not as deep as feared

Britain's double-dip recession is not as deep as previously feared. Revised figures show a smaller contraction in the second quarter of the year, falling 0.4%. The initial estimate was 0.7%.