"The flurry of activity data suggests that the industrial sector is helping to provide some offset to the consumer slowdown", Capital Economics economist Ruth Gregory said.
Finland's industrial production growth moderated in September, after accelerating in the previous two months, figures from Statistics Finland showed Friday. As well as the sharp fall in September from August, output was only up 1.1 per cent from a year earlier.
"Stronger global growth and the effect of the weaker pound seems to be finally showing through in the United Kingdom manufacturing numbers", said ING economist James Smith.
Most economists polled by Reuters think Britain's economy will slow next year, in large part due to uncertainty created by a lack of progress in talks on the terms of Britain's divorce from the European Union.
The IIP (Indices of Industrial Production) is compiled using data received from 14 government agencies including the Department of Industrial Policy & Promotion, Ministry of Petroleum & Natural Gas, and Department of Fertilisers.
Industrial production climbed 0.7 percent month-on-month in September, faster than the 0.3 percent increase seen in August, which was revised up from 0.2 percent.
Virginia Elects The First Openly Trans State Representative
Roem is a journalist who worked for nine years reporting for the Gainesville Times and Price William Times . Moodie-Mills, president & CEO of Victory Fund, said in a statement .
Jennifer Aniston & Reese Witherspoon's TV Series Just Found a Home & It's
Apple lands a new TV series starring Reese Witherspoon and Jennifer Aniston , giving it a two-season order. Media Res, Aniston and Witherspoon are the principle owners of the show.
ESPN Streaming Service Set to Launch in Spring of 2018
On this outline, it might seem like Disney is developing a Netflix killer. "And so that gives us an opportunity as well". We'll update this with more information when it becomes available.
Figures for the much bigger services sector are due on November 23.
That was driven by a 0.7 per cent rise in manufacturing production, the Office for National Statistics (ONS) said, which was up on of expectations of a 0.3 per cent rise, although slightly lower than the previous month's 0.4 per cent.
Until now, the official readings of manufacturing have tended to show a weaker picture for the sector than upbeat surveys over 2017.
The ONS also reported that the UK's trade in goods deficit was £11.25bn in the month, better than the £12.8bn analysts had pencilled in, with exports rising faster than imports. Economists had expected a shortfall of GBP 12.80 billion.
"However, net trade probably dragged on GDP growth in Q3".
Samuel Tombs, an economist with Pantheon Macroeconomics, said the narrowing of the deficit in September nearly entirely reflected an improvement in trade in erratic items.