Recovery Hopes Dashed by Shock Manufacturing Fall

The ScotsmanJuly 08, 2009

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Summary


HOPES of an economic recovery were dealt a blow yesterday as it emerged that UK manufacturing output unexpectedly shrank in May.

Official figures showed output slipped 0.5 per cent between April and May, against forecasts for a 0.2 per cent rise.

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Extract


Recovery Hopes Dashed by Shock Manufacturing Fall

The Office for National Statistics also revised down April's figures to show no change instead of the 0.2 per cent gain ini...

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