0.4%

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UK industrial production shrank in the second quarter of the year, according to the latest official figures. Production fell by 0.4%, mainly due to a 0.6% drop in manufacturing...

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UK industrial production shrank in the second quarter of the year, according to the latest official figures. Production fell by 0.4%, mainly due to a 0.6% drop in manufacturing output, the Office for National Statistics (ONS) figures showed. That was largely due to a 3.6% fall in the production of transport equipment, including motor vehicles. Car production fell by 6.7% from May to June, the sharpest drop since December 2013. Construction output also fell in the second quarter by 1.3%, with less work on new projects as well as repairs and maintenance. The figures underline the British economy's dependence on services, which makes up about four-fifths of the UK's economic output.

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Publié le 28/08/2017

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