Manufacturing expands for sixth month

Getty Images

United kingdom, manufacturing production expanded for the sixth consecutive month in October, helped by record production of automobiles.

Official figures show Britain’s factories of the notch of the longest runway of expansion for at least two decades.

The manufacturing production increased by 0.1% in October compared with the previous month, in line with expectations.

Despite the relatively subdued in October, Kate Davies from the Office for National Statistics said that “the long-term picture is one of strong growth.”

The annual growth of industrial production hit 3.9% in October – the largest increase since December of 2016.

The production is part of the broader industrial sector. Add-ONS on the wider measure of industrial production was unchanged in October, ending six months of increases.

However, industrial output was 3.6% higher than October a year earlier – the biggest annual rise since December of 2016.The work of construction of ‘the failure’

The production in the construction sector shrank unexpectedly by 1.7% in October, separate ONS figures. Economists had expected a 0.4% increase.

Ms Davies said: “Construction output continued to fall back from its peak in the beginning of the year, with both new construction and the repair to fail once more.”

The add-ONS also said that the uk’s trade deficit in goods and services widened by £ 300m to £1.4 bn in the month of October.

The goods deficit only increased to £10.7 million, from $ 10.4 billion the previous month.