The fut coins manufacturing decline, which followed signs of improvement in December, meant overall industrial output dropped by http://www.mmovegas.com/ per cent in January, dashing City hopes for a better performance over the month.

The first official statistics don t bring any sign of improvement in the UK s growth performance at the start of the year, Ms Lee Hopley, Chief Economist at EEF, the manufacturers organisation, said.Both manufacturing output and goods exports were down more than expected with production across most sectors struggling and, export sales weak in both European and non-EU markets. While there is a fair bit of volatility in both the production and the trade numbers, the main takeaway from the data so far this year is that much of manufacturing is facing an uphill challenge to grow in a difficult global demand environment.

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