RSS   Newsletter   Contact   Advertise with us
Post Online Media
Post Online Media Magazine

UK industrial output improves in March but short of forecast

Share on Twitter Share on LinkedIn
Staff Writer | May 10, 2018
UK industrial
Britain   Industrial output rose 0.1% month-on-month in March

UK industrial production grew marginally again in March, figures from the Office for National Statistics showed.

Industrial output rose 0.1% month-on-month in March, the same pace of increase as seen in February. Output was expected to gain 0.2%.

Meanwhile, manufacturing output dropped 0.1% after easing 0.2% a month ago. Economists had forecast production to fall 0.2% in March.

On a yearly basis, growth in industrial output improved to 2.9% in March from 2.1% in February. Nonetheless, this was slower than the forecast of 3.1%.

At the same time, manufacturing output advanced 2.9%, in line with expectations, and faster than February's 2.5% increase.

POST Online Media Contact