U.K. Factory Output Falls for First Time in Almost a Year
- Factory production shrinks 0.2% on machinery and equipment
- Construction declines as freezing weather disrupts projects
This article is for subscribers only.
U.K. manufacturing shrank for the first time in 11 months in February, led by output of machinery and equipment.
The drop brings to an end an unprecedented run for manufacturers that helped to underpin the economy as a squeeze from rising prices took its toll on consumer spending.