Friday, 11 October 2013

Industrial Output Falls By 1.5%

Industrial output decreased by 1.5% between August 2012 and 2013 and reflects a 0.2% fall in manufacturing, 10.2% in mining and quarrying and 3.5% in electricity, gas, steam and air conditioning according to the ONS.

A large upward contribution came from transport equipment manufacturing with an increase of 12.5% mainly from the manufacture of motor vehicles, trailers and semi-trailers.

The monthly comparison shows a decrease of 1.1% between July and August 2013. All four sectors fell with the biggest falls in manufacturing at 1.2%.

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