LONDON, Sept. 27 (Xinhua) -- British economic recession is not as deep as previously thought, figures released by the Office for National Statistics (ONS) showed on Thursday.
The ONS said Britain's economy in volume terms decreased by 0.4 percent in the second quarter of this year as compared with the previous three months, revised from a previously estimated decline of 0.5 percent.
British GDP has been revised for three times from a contraction of 0.7 percent to 0.5 percent and now 0.4 percent.
The adjusted figures for the country's economy are in line with the recent optimistic prediction from analysts and officials.
Bank of England Governor Mervyn King said recently that Britain's economy has showed signs of a recovery, albeit a slow one.
In an interview with Britain's Channel 4 News, King said the recovery would probably take place in the next quarter.
The statistics office said industrial output and construction had contracted less than previously thought.
"Output of the production industries fell by 0.7 percent, revised up from the previously estimated decline of 0.9 percent," it said.
Manufacturing output fell by 0.8 percent in the second quarter of 2012, revised up from the previously estimated decline of 0.9 percent.
Output of the service industry remained unchanged from the previous estimate with a fall of 0.1 percent.
Output of the construction industry fell by 3.0 percent, revised up from the previously estimated 3.9-percent fall.
Britain's 1.5 trillion pound (2.4 trillion U.S. dollars) economy is the third-largest in the 27-country European Union after Germany and France. The country has been in recession for the last nine months.
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