UK manufacturing production falls unexpectedly in January
by Phillip Inman economics correspondent from on (#4QC0)
Steep drop in hi-tech goods sector blamed for decline in monthly figure
Britain's manufacturers cut production going into the new year, according to official figures that showed a dip of 0.5% in output in January compared with the previous month.
The fall in output contributed to an unexpected reverse in the broader measure of industrial production, which fell month on month by 0.1%, against a 0.2% increase predicted by economists taking part in a Reuters poll.
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