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- UK industrial production rose less than expected in January
UK industrial production rose less than expected in January
In the three months to January 2018, the Index of Production increased by 0.2% compared with the three months to October 2017, due to a rise of 0.9% in manufacturing; this was partially offset by a decrease of 6.4% in mining and quarrying, caused mainly by the shut-down of the Forties oil pipeline within December 2017.
Total production output increased by 1.4% for the three months to January 2018 compared with the same three months to January 2017; manufacturing provided the largest upward contribution with an increase of 2.6%.
In January 2018, total production was estimated to have increased by 1.3% compared with December 2017; mining and quarrying provided the largest upward contribution, increasing by 23.5% due mainly to the re-opening of the Forties oil pipeline.
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