Friday, January 30, 2015   

UK factory output down in May
(07-08 17:37)

Industrial output across Britain surprisingly slid in May, official data showed on Tuesday.
Output fell by 0.7 percent in May compared with a gain of 0.3 percent in April, the Office for National Statistics (ONS) said in a statement.
Analysts' consensus forecast was for another gain of 0.3 percent in May, according to a survey by Dow Jones Newswires.
Over a 12 month period, industrial output jumped by 2.3 percent in May, the ONS added, also falling below market expectations for a gain of 3.2 percent.
Manufacturing output -- which excludes mining and quarrying, electricity, gas and water supply -- dropped 1.3 percent in May compared with April. It increased by 3.7 percent year-on-year. --AFP   
Other Business breaking news:
Eurozone deflation accelerates in January (01-30 18:10)
German retail sales grow for fifth year in row: data (01-30 17:32)
Spanish economy grows by 1.4 percent in 2014: stats office (01-30 17:19)
Taiwan's economy slows in fourth quarter 2014 (01-30 17:03)
European stocks rise at open (01-30 17:02)
Hang Seng ends lower (01-30 16:16)
Honda cuts full-year profit forecast (01-30 15:14)
Japan's biggest airlines project smooth annual earnings (01-30 15:13)
Nikkei finishes higher (01-30 15:01)
Japan unemployment rate down in December (01-30 12:23)

More breaking news >>

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