The Economy

British Manufacturing Output Slumps in January

March 12, 2013

The 1.2% decrease dashed the country's hopes of avoiding a fresh recession.

LONDON -- Britain's manufacturing output dropped by 1.5% in January compared with December, official data showed on Tuesday, dealing a fresh blow to the country's hopes of avoiding a fresh recession.

The wider measure of industrial production -- which includes mining and quarrying, electricity, gas and water supply -- dropped by 1.2% in January from December, the Office for National Statistics said.

Analysts' consensus forecast had been for manufacturing and industrial output to have each grown by 0.1% in January month-on-month, according to a survey by Dow Jones Newswires.India factory output picks up, mild recovery hinted.

Copyright Agence France-Presse, 2013

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