Industrial output falls on mild winter weather

Industrial output falls on mild winter weather

UK industry output saw its largest decline since January 2013 in November, according to the latest figures from the Office for National Statistics.

Industrial output fell 0.7% in November from October, with the ONS citing this winter’s warm weather as a large factor for the decline. Weak demand for gas heating led to a 2.1 percent drop in gas and electricity generation.

Manufacturing also saw a decline in November, falling 2.1 percent on the year and shrinking by 0.4% from October.

12/01/2016