#UK GDP falls 0.3% in Q4 compared to +0.9% in Q3 2012

The UK economy shrank as forecasted by 0.3% in the Q4 in 2012. This compares to economic growth of 0.9% in Q3, -0.4% in Q2 and -0.2% in Q1 of 2012 for nil growth in the past year.