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Apr 3
UK Manufacturing Output Down 1.5% In April
Friday, 10 June 2011 10:34

manufakturUK manufacturing sector output in April fell 1.5 percent compared to the previous March. Figures for actual data released Office for National Statistics (ONS) is much lower than that predicted by economists. After the record increase of 0.2 percent in March, economists predict the decline is only about 0.2 percent for the month of April.

ONS reasonably significant decline was attributable to several factors such as the number of holidays and the impact of disasters including Japan.

Meanwhile, the Industrial Production index fell 1.7 percent m / m, also missed by a mile from the expectations of ekononm.

In the base count anual, manufacturing sector output increased 1.3 percent and reported industrial output fell 1.2 percent.