UK manufacturing output rebounded by 1.6% in December but was down 1.5% on a year earlier, official figures show.
UK manufacturing output rebounded by 1.6% in December but was down 1.5% on a year earlier, official figures show.
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IAN Mcconnell business editor
Comparing the fourth quarter of last year with the three months to September, yesterday's figures from the Office for National Statistics show that manufacturing output was down 1.3%.
This was not as bad as the 1.5% quarter-on-quarter drop estimated by the ONS when it published data last month showing UK gross domestic product had fallen by 0.3% in the final three months of 2012. However, it was the sharpest drop in manufacturing output in any quarter since the opening three months of 2009.
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