UK industrial output weakens while trade deficit widens

UK industrial output weakens while trade deficit widens
 

UK industrial production fell in August, official figures have shown, hitting the recent run of upbeat economic news.
Industrial production fell by 0.4% between July and August, the Office for National Statistics said, partly due to a drop in oil and gas production.
Manufacturing rose 0.2%, although this followed a steep fall in July.
Separate figures from the ONS showed that the UK's trade deficit widened in August.
The UK's deficit on trade in goods and services was estimated at £4.7bn, compared with £2.2bn in July. The deficit on trade in goods alone widened by £2.6bn to £12.1bn.
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7 October 2016 in Business, Views: 45
Source: BBC
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