1st LD Writethru: Britain's economy shrinks more than expected in July
LONDON, Sept. 13 (Xinhua) -- Britain's economic output shrank by a larger-than-expected 0.5 percent in July after growth of 0.5 percent in June, the Office for National Statistics (ONS) said on Wednesday.
Output of all three main sectors dropped in July. The ONS said the services and construction sectors fell by 0.5 percent, and production went down by 0.7 percent.
According to the ONS, the decline in the