U.K. Factory Output Growth Unexpectedly Stalled in February
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U.K. manufacturing growth unexpectedly stalled in February as declining production of goods from chemicals to plastics dented the industrial recovery.
Factory output was unchanged from January, when it rose 0.9 percent, the Office for National Statistics said today in London. The median forecast of 26 economists in a Bloomberg News survey was a 0.6 percent increase. Overall industrial production unexpectedly slumped by 1.2 percent as oil output fell.