Economic Buzz: UK industrial production down 0.2% in June

Production output in the United Kingdom declined 0.2% in June, month on month, the Office for National Statistics revealed in its report on Thursday.

Main contributors to the monthly fall were: manufacturing, which decreased 0.5%, electricity and gas, which edged down 0.3%, and water supply and sewerage, which tumbled 1.5%. This was somewhat offset by growth in mining and quarrying, with the sector up 5.1%.

In the April to June quarter, production output stood flat compared to the previous three-month period.

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