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Tuesday, UK's Office for National Statistics report showed that manufacturing output grew 0.9% in July from June. Economists had expected only 0.3% monthly increase for July.
Output increased in eight of the 13 sub-sectors and decreased in four sub-sectors with one sub-sector remaining flat in July. Transport equipment industries showed the most significant output growth of 3.8%.
Meanwhile, industrial output recorded a monthly rise of 0.5% in July. Mining and quarrying output decreased 1% with a decrease in oil and gas production, while energy supply output was down 0.2%.
Annually, manufacturing and industrial production declined 10.1% and 9.3%, respectively in July. Economists were looking for a 11.1% fall in manufacturing and a 10.1% drop in industrial output.
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