Economics

U.K. Factory Production Increases More Than Forecast: Economy

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U.K. industrial production rose more than economists forecast in September, helped by a rebound in manufacturing after a slump the previous month.

Output increased 0.9 percent from August, when it fell 1.1 percent, the Office for National Statistics said today in London. The median forecast of 28 economists in a Bloomberg News survey was for an increase of 0.6 percent. In Germany, separate data showed a gain in factory orders that also exceeded economists’ predictions.