Wednesday, 9 October 2013

UK industry output in surprise fall

Source BBC News@ tienganhvui.com


Looking into a factory with people at workManufacturing growth fell sharply in August


UK industrial production fell unexpectedly in August, showing its biggest decline for nearly a year, according to figures from the Office for National Statistics (ONS).


Industrial output decreased by 1.1% month-on-month, surprising analysts, who had expected a 0.4% rise.


The biggest factor in the decline was a big fall in manufacturing output, which was 1.2% down on July levels.


It was the biggest overall drop in output since September 2012.





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