UK Industrial Production on the Rise

In a positive turn for the UK economy, industrial production witnessed a significant increase of 1.5% in February, as reported by the Office for National Statistics this Friday.

Sector-wise Breakdown

Manufacturing and Energy Lead the Charge: The manufacturing sector along with electricity and gas supply were the frontrunners, registering growths of 2.2% and 2% respectively.

Mining and Quarrying Face Decline: Contrasting the overall trend, the mining and quarrying sector experienced a downturn, with a 3% decrease in output.

Looking Ahead

With these figures, the UK industrial sector shows signs of resilience and growth, sparking optimism for the coming months. Stay tuned for further updates.