TELETRADER News
11/9, 10:31 AM (Source: TeleTrader.com)
more TeleTrader news

UK industrial production flat in September

Industrial production in the United Kingdom was completely flat in September compared to the previous month, the Office for National Statistics said in a report released on Friday. The lack of change was due to 0.2% increase in manufacturing being offset by downward contributions in all other main sectors.

Manufacturing rise of 0.2% was mostly due to a strong increase in the basic pharmaceutical products of 3.9%, a rise of 2.8% in chemical products and a gain of 1.4% in other manufacturing and repair.

The total production output for the three months ending September rose by 0.8% compared to the second quarter, mostly due to a positive contribution in the manufacturing of 0.6%. Meanwhile, total production for the quarter increased by 0.7% compared to the same quarter a year ago.

Breaking the News / VK