UK Industrial Output Increases Above Forecast
U.K. manufacturing increased in December by five times more than economists forecasted, and the total trade deficit shrank to the smallest since 2003, pointing to signs of economic strength at the end of last year.
According to the Office for National Statistics, factory output increased 1 percent from the previous month, and out of 13 categories of U.K. manufacturing, four fell on the month and nine rose. Transport equipment rose 3 percent and the manufacture of food, beverages and tobacco...
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