The Economy

British Manufacturing Output Hits 27 Year Low

Feb. 6, 2009

Was down 10.2% from last year

Manufacturing output tumbled 2.2% in December from November Office for National Statistics (ONS) said.

Output was down 10.2% on a 12-month basis to record the biggest annual drop since 1981.

The ONS said that a wider measure of industrial production, which includes mining, quarrying and energy, plunged 1.7% in December from November and was down 9.4% year-on-year.

In other official data, the price of goods leaving British factories rose for the first time in six months in January, while input prices climbed 1.5% month-on-month.

Output prices gained 0.1% in January from December and were up 3.5% year-on-year.

About the Author

Agence France-Presse

Copyright Agence France-Presse, 2002-2024. AFP text, photos, graphics and logos shall not be reproduced, published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. AFP shall not be held liable for any delays, inaccuracies, errors or omissions in any AFP content, or for any actions taken in consequence.