Vladimír Urbánek (Kurzy.cz)
Macroeconomics  |  September 07, 2012 11:43:26

UK - Industrial output in July grew the most in 25 years

Industrial production in the UK in July grew by 2.5% mom, which was the biggest since February 1987. In June, production fell by 2.4%. Market for July on average had expected an increase of 1.5%. July corrected the June outage caused by extraordinary leave in connection with the celebrations of the Queen of important anniversaries.

In 13 major categories grew 11 sectors led by the metal processing and transport.
Production in the manufacturing sector grew by 3.2%, the highest since July 2002 compared to a decline of 2.9% in June.

Compared total production fell by 0.8% and production in the manufacturing sector decreased by 0.5%.

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