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ECONOMICS COMMENTARY Mar 28, 2013

UK: Service sector growth stifles triple-dip fears

Growth in service sector activity at the start of the year has greatly reduced the risk of the UK falling back into a triple-dip recession. The country is not out of the woods yet, with much depending on how the economy has coped with adverse weather conditions in recent months, and the indications are that any growth is still disappointingly weak.

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