British manufacturing output falls unexpectedly in May
The Office for National Statistics (ONS) today revealed a fall in British manufacturing output. According to the ONS, manufacturing output fell 0.5% in May compared with April. Analysts had forecast a fall of 0.2%. Meanwhile, on an annualised basis, output in May was down 12.7%, while market expectations had been for an annual drop of 11.8%. The weak [...]
British manufacturing output falls unexpectedly in May
