Dec 8, 2017

Manufacturing sector expands for sixth month in October

UK manufacturing output expanded for the sixth consecutive month in October, helped by record car production. Manufacturing output increased by 0.1% in October compared with the previous month, in line with expectations. Despite a relatively subdued October, Kate Davies of the Office for National Statistics said "The longer-term picture is one of strong growth". Annual growth in factory output hit 3.9% in October - the biggest increase since December 2016. Separate ONS figures released on Friday showed the construction sector unexpectedly contracted by 1.7% in October compared with the previous month.

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