United Kingdom industrial production unexpectedly fell in February, means that the industrial sector may face economic downturn in the 1st quarter of this year.
United Kingdom national statistics data released recently showed that United Kingdom industrial output in February fell 0.3%. According to current data released, March industrial output surges 3.1% is required to ensure the country’s economy remain positive.
In addition, UK’s manufacturing output also fell in February of this year, down by 1.1% month on month, and down by 1.8% year on year.
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