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Industrial production in the UK improved slightly at the end of 2022, data on Friday showed, while manufacturing output stalled.
According to the ONS, industrial production saw a month-on-month improvement, rising 0.3% in December, after a revised 0.1% increase in November.
‘The monthly increase in output resulted from growth in two of the four production sectors, with electricity and gas rising by 5.2% and water supply and sewerage by 0.7%; this was partially offset by mining and quarrying, which fell by 4.6%,’ ONS said.
From a year before, industrial production was down 4.0% in December, easing slightly from a revised fall of 4.3% the month before.
Manufacturing production was flat on a monthly basis in December, having fallen 0.6% in November.
The manufacture of food products, beverages and tobacco weighed negatively on growth, but was offset by growth seen in basic pharmaceutical products and pharmaceutical preparations.
On an annual basis, manufacturing production fell 5.7% at the end of 2022, following a revised decline of 5.6% in November.
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