British Industrial Output Rebounds

British Industrial Output Rebounds

Manufacturing output grew by 1.2% in September.

LONDON -- With production advancing 0.9% in September compared with August,  British industrial output rebounded by more than expected, official data showed on Wednesday.

That beat market expectations for a gain of 0.5%, according to analysts polled by Dow Jones Newswires.

On a 12-month comparison, industrial output -- which includes mining and quarrying, electricity, gas and water supply -- gained 2.2% in September.

That was better than expectations of a 1.7% increase.

The ONS added that manufacturing output, which excludes the above sectors, grew by 1.2% in September from the level in August.

The measure added 0.8% in September when compared with output in the same month last year.

Copyright Agence France-Presse, 2013

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