UK industrial output climbs, manufacturing production falls

Note: This section contains information in English only.
Source: Bloomberg
Industrial production in UK increased 0.4% in April, beating expectations of 0.1%, as output of oil and gas jumped 8.7%. On the contrary, manufacturing production fell 0.4%б mainly amid a drop of 6% in pharmaceuticals, which accounts for around 9% of total manufacturing output. The decline in manufacturing underlines Britain dependency on consumption and domestic demand to sustain recovery.
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