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The output in manufacturing in Britain has decreased



As official data has shown, the output in manufacturing and industrial production in Britain has unexpectedly decreased in October.



07.Dec.16 9:34 PM
By Anna Tuzova
Photo Toinnov.com

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The output in manufacturing in Britain has decreased
The United Kingdom Office for National Statistics presented a report, informing that the volume of the output in manufacturing in the Great Britain has decreased by 0,9 per cent with seasonal adjustment, which is worse than expected growth by 0,2 per cent after increase by 0,6 per cent the month before.

In October, the volume of the output in manufacturing decreased by 0,4 per cent in annualized terms. According to the forecasts, it was expected to grow by 0,8 per cent after the increase by 0,1 per cent in September.

Data from the previous month was revised downward from the first growth estimated by 0,2 per cent.

Data has also showed that the volume of industrial production has unexpectedly fallen by 1,3 per cent with seasonal adjustment, although it was predicted to grow by 0,2 per cent, after the decrease by 0,4 per cent in the previous month.

In annualized terms the volume of industrial production has fallen by 1,1 per cent, which is even lower than expected decrease by 0,5 % , after the 0,4 per cent growth the month before.

The September data was revised upwards from the original growth by 0,3 per cent.





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