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Old 07-07-2008, 11:45 PM
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Post Sharp fall in manufacturing output fuels recession fears

Official data has revealed that manufacturing production fell in May triggering fears that the UK economy is heading towards a recession. The figures were much worse than anticipated as output fell by 0.5% during the month, while the wider measure of industrial production, including energy and water output, dropped 0.8%. The latest fall in manufacturing [...]

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