ECONOMICS COMMENTARY
Apr 09, 2013
UK: Mixed signals as industrial production rebounds in February, but exports fall
Industrial production rebounded in February after having suffered a shock fall in January, greatly reducing the likelihood of the UK sliding back into its third recession since the financial crisis struck. However, any upturn in the first quarter is still likely to have been modest at best. The trade deficit was larger than expected, and survey data suggest the trend could weaken again in March.
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