United Kingdom, April 2009: Production in the manufacturing sector

Production in the manufacturing industry in Britain in April, rose as expected, suggesting that the sector has reached its bottom. Production in the manufacturing sector increased by 0.2% m / m, after growth at 0.2% m / m, reported to the Cabinet of statistics. Last year, production in manufacturing declined by 12.7% to -13.1% in March. Economists predicted an increase of 0.2% m / m and -12.5% y / y. Industrial production increased by 0.3% m / m and dropped to 12.3% y / y. Economists were convinced that the decline will be 0.1% m / m and 12.2% y / y