Economics
U.K. Industrial Output Barely Rises as Oil and Gas Declines
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U.K. industrial production rose less than economists forecast in February as stronger manufacturing output was offset by a drop in oil and gas.
Total production gained 0.1 percent following a 0.1 percent decline in January, the Office for National Statistics said in London today. An increase of 0.3 percent had been predicted in a Bloomberg survey. Oil and gas slid 3.8 percent, while manufacturing rose 0.4 percent amid higher car output.