British industrial production grew at the fastest pace in almost four years in April, boosted by the pharmaceuticals and energy sectors. Facebook Twitter Pinterest Industrial production. Manufacturing output grew by 2.3% in April from the previous month, while the wider measure of industrial production, which also includes mining, oil and gas, posted a 2% rise. “In addition, other categories of production likely were boosted by the recent weakness of the pound. Nonetheless, it wouldn’t be unreasonable for the industrial sector to add as much as a quarter percentage point to headline GDP, offsetting weakness elsewhere.”

Source: The Guardian June 08, 2016 09:57 UTC