U.K. Manufacturing Production Rises; Trade Gap Narrows on Oil

U.K. manufacturing output rose the most in seven months in November, as total industrial production suffered an unexpected decline due to maintenance at some North Sea oil fields.

Factory production increased 0.7 percent from October, exceeding the 0.3 percent median forecast of economists in a Bloomberg News survey, according to data published today. Industrial output fell 0.1 percent, with oil and gas extraction dropping 5.5 percent, the most since January.