LONDON (Reuters) - Britain revised up its estimates for business investment in the second and third quarters of this year after its statistics agency identified an error, it said on Friday.
LONDON (Reuters) – Britain revised up its estimates for business investment in the second and third quarters of this year after its statistics agency identified an error, it said on Friday.
The level of business investment in inflation adjusted terms was revised up by 1.6 and 1.0 percentage points for the second and third quarters, the Office for National Statistics said.
It cited an error involving transport investment data and said the revisions would not affect existing readings for economic growth.
(Reporting by Andy Bruce; editing by Michael Holden)
Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn more about Thomson Reuters products: