By Jason Douglas

 

LONDON--The U.K. economy shrank by slightly less than previously thought in the second quarter, according to a revised estimate Wednesday.

Gross domestic product declined 19.8% April through June, the Office for National Statistics said, compared with an earlier estimate of a 20.4% fall.

That is still a larger decline than those recorded by its European neighbors, reflecting the timing and duration of the U.K.'s nationwide lockdown to combat coronavirus.

 

Write to Jason Douglas at jason.douglas@wsj.com

 

(END) Dow Jones Newswires

September 30, 2020 02:32 ET (06:32 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.