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07.09.201607:39:00UTC+00Amended: U.K. Industrial Output Rises Marginally In July

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U.K. industrial production grew marginally in July, figures from the Office for National Statistics showed Wednesday.

Industrial output gained 0.1 percent month-on-month in July after staying flat in June. Nonetheless, the monthly growth was in contrast to a 0.2 percent fall economists had expected.

Manufacturing was the only sector to contract from June, falling 0.9 percent. Meanwhile, mining and quarrying grew 4.7 percent. Economists had forecast manufacturing to drop moderately by 0.3 percent.

Annual growth in industrial production improved to 2.1 percent in July from 1.4 percent previous month. This was the fastest growth in three months and better than the expected increase of 1.9 percent.

Manufacturing output climbed 0.8 percent, following a 0.6 percent rise in June. Output was expected to climb 1.7 percent.



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