UK manufacturing output logs biggest fall in yearStaff Writer | September 9, 2016
The British manufacturing sector registered the biggest contraction in output in a year in July, while overall industrial production managed to expand on oil and gas extraction.
Britain Economists had expected output to drop moderately
Nonetheless, industrial output gained 0.1 percent month-on-month in July after staying flat in June as the decline in manufacturing was negated by a rise in oil and gas.
The monthly increase was in contrast to a 0.2 percent fall economists had expected. Mining and quarrying output grew 4.7 percent. ■