UK industrial output falls unexpectedly in September

North Sea oil shutdowns contributed to Britain's maufacturing sector shrinking in the third quarter

Britain's industrial sector shrank unexpectedly in September as North Sea oil shutdowns dragged output lower, weighing on the broader economy in the third quarter.

Industrial output fell by 0.4% over the month, matching August's drop and disappointing expectations that production would be flat. While mining and quarrying shrank by 3.8% according to the Office for National Statistics, manufacturing performed better than expected with output growing by 0.6%.

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