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UK industrial output beats expectations, but outlook murky

Reuters  |  LONDON 

LONDON (Reuters) - British industrial output unexpectedly picked up in June after oil producers delayed normal seasonal maintenance, but falling car production and a slide in construction bode poorly for future months.Britain's economy eked out only sluggish growth in the first half of 2017 as consumers battled with higher inflation triggered by last year's vote to leave the European Union.The Bank of England is expecting stronger net exports and business investment to lift growth in the second half of this year, but Thursday's official data offered mixed signals.Britain's trade deficit in ...

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First Published: Thu, August 10 2017. 14:03 IST
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