U.K. manufacturing expands less than forecasted

Source: Bloomberg
© Scanpix/Reuters
Industrial production in the United Kingdom rose less than predicted in December of 2013, while the overall trend for country's economic development remains positive. Output added 0.4% on a monthly basis, while the median estimation of 31 Bloomberg economists was a 0.6% advance. Factory output, however, jumped 0.3%. This sector of the U.K. economy accounts only for 15% of GDP.
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