The economy expanded at a slower pace in the second quarter than initially reported as growth in business investment proved less robust than first thought.
Gross domestic product grew at an annualized pace of 1.3 percent in the three months through June from the previous quarter, according to revised Cabinet Office data, compared with a preliminary reading of 1.8 percent.
Strong consumer spending was the main driver of the expansion. The revised figure, released Monday, matched analysts' median estimate.
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