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1/11/13, "Fears grow UK economy is set for triple-dip recession after industrial output slumps in November," ThisIsMoney UK, Harry Glass
"The figures appear much worse when
compared with November 2011 - manufacturing had fallen 2.1 per cent over
the year, and output in construction was down 9.8 per cent.
David Kern, chief economist at the
British Chambers of Commerce said: 'The manufacturing figures were
disappointing, showing a small fall while most analysts predicted an
increase.
'The small rise in total production
was also weaker than expected, and the decline in the volatile
construction sector is concerning. Taken together, the figures will
reinforce the concern that the ONS will announce later this month a
small decline in GDP, and this could be damaging to business
confidence.'"...
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