Fri, 07 Feb 2014 11:08:16 GMT
U.K. manufacturing expands less than forecasted
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.