Denmark officially in recession

Mar 30, 2012 |

COPENHAGEN

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Denmark has entered a recession, official data showed on Friday, after growth figures for the fourth quarter of 2011 were revised to show a 0.1-percent contraction.

In February, the national statistics institute had forecast slight growth of 0.2 percent in the October-December period, following a 0.1-percent contraction in the previous quarter.

A recession is defined by two quarters running of negative growth.

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