UK industrial output rises

Industrial output rose by 0.4% on the month, as expected in a Reuters poll, to leave it 3.0% higher than a year ago, its biggest rise since January 2011

British industrial output rose at its fastest annual pace in more than three years in April, showing that the economic expansion was continuing to broaden out, official data showed on Tuesday.

Industrial output rose by 0.4 per cent on the month, as expected in a Reuters poll, to leave it 3.0 per cent higher than a year ago, its biggest rise since January 2011. Output for manufacturing also increased by 0.4 per cent in April, having previously grown at its fastest pace for a calendar quarter in nearly four years during the first three months of 2014.

Annual growth in manufacturing output of 4.4 per cent was the strongest since February 2011.