(MENAFN) For quite some time now, Britain's industrial industry has been facing many setbacks, which was reflected by top steel firms logging major losses.
However, UK manufacturing production data came in a lot stronger than forecasted, based on latest numbers from the Office of National Statistics.
Basically, manufacturing production has increased by 0.7pct month-on-month throughout January 2016, beating analysts' expectations of a 0.2pct growth.
Additionally, industrial production registered a 0.1 percent decrease on a year-on-year basis, which also surpassed initial projections of a 0.7 percent plunge.
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