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Topic - Economy grows by 09% shrink by 0.3% - meaningless?

FrankBooth - on 25 Jan 2013
So the results this morning from the ONS claim the economy shrank by 0.3% and the doom mongers are out in force. I run a small business and concur that times are hard, but surely a 0.3% shift either way is really quite meaningless, the margin or error must be at least 1% surely?
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