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UK: Annual Industrial Production dips 2.4% in November

By FXstreet.com,  January 11, 2013, 04:41:00 AM EDT

FXstreet.com (Barcelona) - Year-over-year UK Industrial Production fell by 2.4% in November, following a 3% drop in October, National Statistics informed on Friday. Analysts expected less decline of 1.9%. UK Industrial Production rose by 0.3% between October 2012 and November 2012, in comparison with the 0.9% decline registered between September 2012 and October 2012 and below expectations of a 0.8% increase.

On an annual basis UK Manufacturing Production fell by 2.1% in November, after decreasing 2% in October and below expectations of a 1.3% decline. Between October 2012 and November 2012 UK Manufacturing Production dropped 0.3%, following a 1.3% dip between September 2012 and October 2012 and against market consensus of 0.5% growth.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

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