Saturday, Mar 10, 2007

British manufacturing continues to struggle

Times: Drop in manufacturing output suggests economic slowdown

Manufacturing output fell unexpectedly in January, official figures showed yesterday, amid signs that the economy may have begun to lose momentum at the start of the year. The drop in output of 0.2 per cent was the first fall since October. It brought the annual rate of manufacturing growth down to 2 per cent, compared with 2.4 per cent in the year to December and the weakest such figure since August.

Posted by uncle chris @ 09:47 AM (155 views) Add Comment

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