Economic news

UK industrial production increases in Sept at fastest pace in 2017

UK industrial production rose in September at the fastest pace in 2017, according to data from the Office for National Statistics.

Industrial output soared by 0.7 percent in the month, more than double the expectations of a 0.3 percent surge.

UK construction output in September tumbled 1.6 percent from August and was up only 1.1 percent year-on-year.

The ONS expects Britain’s economy accelerate by 0.4 percent in the third quarter, but still weaker than growth in the euro area.


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