U.K. Manufacturing Unexpectedly Jumps on Work-Day Boost: Economy
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U.K. manufacturing unexpectedly surged the most in a year in May, boosted by an additional working day after the government moved a public holiday to June.
Factory output rose 1.2 percent from April, when it fell 0.8 percent, the Office for National Statistics said today in London. The median forecast of 26 economists in a Bloomberg News survey was for a decline of 0.1 percent. Italian industrial output also unexpectedly increased in May, gaining 0.8 percent from April, when it fell 1.9 percent. French industrial production dropped.