UK Industrial Output Recovers On Oil Extraction

UK industrial production rebounded in January on oil and gas extraction, while construction output contracted notably, official data showed Friday. Industrial output grew 1.3 percent month-on-month in January, offsetting December’s 1.3 percent decrease, the Office for National Statistics reported. A similar faster growth was last seen in December 2016. Output was forecast to grow 1.5 percent.

The post UK Industrial Output Recovers On Oil Extraction appeared first on MrTopStep.com.