Quantcast
Channel: FinanceTalks.co.uk
Viewing all articles
Browse latest Browse all 142

Big Fall in February Output for UK Manufacturing Sector

$
0
0

Big Fall in February Output for UK Manufacturing SectorThe manufacturing output in the United Kingdom has declined by one percent in February which is considered as its biggest monthly decline for the last ten months, which has led economists and analysts to put more evidence in the slow economic recovery of the UK. Factory output was also down by 1.4 percent compared to twelve months ago, according to figures that have been released by the Office for National statistics. Forecasts say that there should be at least a 0.1 percent increase for the month as well as for the year. However, many people are not welcoming the official data from the government. There have been private sector studies showing that the economy is indeed moving up and moreover, there is actual growth in the manufacturing and service sectors.


Viewing all articles
Browse latest Browse all 142

Trending Articles