U.K. July Industrial Production Surges Most in 25 Years: Economy
This article is for subscribers only.
U.K. industrial production surged in July by the most in 25 years as manufacturing rebounded from the disruption caused by the extra public holiday for the Queen’s Jubilee.
Production rose 2.9 percent, the most since February 1987, after falling 2.4 percent in June, the Office for National Statistics said today in London. The median forecast of 28 economists in a Bloomberg News survey was for a gain of 1.5 percent. In Germany, industrial output unexpectedly increased 1.3 percent, separate data showed.