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U.K. Industry Posts Better End to 2016 Than First Estimated

  • Production rises 0.3% in 4Q rather than being unchanged
  • Narrower deficit suggests net trade contributed to GDP
An employee works on a section of a wing on the Airbus A350 wing production line at the Airbus SE assembly factory in Broughton, U.K.

An employee works on a section of a wing on the Airbus A350 wing production line at the Airbus SE assembly factory in Broughton, U.K.

Photographer: matthew lloyd/Bloomberg
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U.K. industrial production rose in December as manufacturing jumped, capping a better-than-estimated performance in the fourth quarter.

The 1.1 percent gain from November exceeded the forecasts of economists in a Bloomberg survey. It means output rose 0.3 percent in the final three months of 2016, rather than being unchanged as previously estimated, the Office for National Statistics said Friday. On a year-on-year basis, production jumped 4.3 percent in December, the most in six years.