UK industrial production unexpectedly rises in AprilStaff writer ▼ | June 9, 2016
UK industrial production unexpectedly rose in April from a year earlier, official data showed.
Britain On the month, industrial output gained 2.0 percent
On the month, industrial output gained 2.0% in April, ahead of estimates for a 0.1% increase and the previous month's 0.3% rise.
Manufacturing production figures for April also surpassed expectations. Output edged up 0.8% on the year and 2.3% on the month, compared to forecasts for a 1.3% decline and zero growth respectively. Manufacturing production in March fell 1.9% on the year and rose 0.1% on the month. ■