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UK’s industrial production rises due to oil and gas output

by ChemOrbis Editorial Team - content@chemorbis.com
  • 07/07/2015 (16:31)
According to the UK’s Office for National Statistics (ONS), the UK’s industrial production gained ground in May due to a rise in oil and gas output. Industrial production rose by 0.4% in May on the back of a 7.3% increase in oil and gas output as well as higher mining production. Meanwhile, industrial output rose by 2.1% on a yearly basis in May.

Manufacturing, however, declined 0.6% on the month following a 0.4% decrease in the previous month.
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