UK Industrial Output Rises 3% in April

UK industrial output grew at its fastest annual pace for three years in April, figures have shown.

Output rose by 3% in April from a year earlier, the Office for National Statistics (ONS) said, the fastest annual rate since January 2011.

The narrower measure of manufacturing output rose 4.4% year-on-year, the fastest pace since February 2011.

Analysts said the figures showed the sector was still enjoying “robust growth”.

Both industrial output and manufacturing output increased by 0.4% during April itself, the ONS said.

Manufacturing output was boosted by transport equipment, electronic products, and rubber and plastics.

However, the levels of industrial output and manufacturing output were respectively 11.3% and 7.0% below the pre-downturn GDP peak of the first quarter of 2008, the ONS said.

via BBC

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