ECONOMICS COMMENTARY
Nov 06, 2013
UK production up 0.6% in third quarter, buoyed by manufacturing
UK industrial production grew more than previously thought in the third quarter, according to the Office for National Statistics, boosted by a strong rise in manufacturing output. Industrial production rose 0.9% in September, driven by a 1.2% uptick in manufacturing output, a 1.5% rise in mining and quarrying and a 1.7% rise in oil and gas production. Both industrial production and manufacturing output had fallen in August, down 1.1% and 1.2% respectively, so the rebounds in September provide reassurance that industry continues to recover.
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