LONDON: Industrial output across Britain was unchanged in November compared with activity one month earlier, official data showed on Friday, pointing to a slower-than-expected economic recovery.
Industrial production however jumped 2.5 percent in November compared with output in the same month in 2012, the Office for National Statistics added in a statement.
Manufacturing output -- which includes mining and quarrying, electricity, gas and water supply -- was also flat in November compared with October. However it rose by 2.8 percent year-on-year, the ONS said.
Analysts said that the data pointed to Britain's economy having grown overall by less than expected in the final quarter of 2013. Official fourth-quarter gross domestic product numbers are due later this month.
"November's weak industrial production figures signal that GDP growth in the fourth quarter is unlikely to be quite as strong as the business surveys have indicated," said economist Samuel Tombs at the Capital Economics research group.
Comments
Comments are closed.