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U.K. Manufacturing Rises Less Than Expected

 

U.K. manufacturing output gained less than economists forecast in September as machinery and chemical production declined, adding to evidence that the economy’s rebound is losing momentum.

Factory output rose 0.1 percent from August, the Office for National Statistics said today in London. The median forecast of 30 economists in a Bloomberg News survey was for an increase of 0.4 percent. Total industrial output plunged 1.7 percent as oil and gas output dropped by a record due to maintenance of sites.”

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