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UK Manufacturing rose in December 2014

Scott Hamilton from Bloomberg News reports UK manufacturing rose in December the figures being the best since 2010.

 

The office for National Statistics also reported factory production had increased 0.1 percent after a surge of 0.8 percent in November. For the full year UK manufacturing rose 2.7 percent and production rose 1.4 percent this is the first full year increase since 2010. “The fall in oil prices looks set to provide some timely stimulus to the sector’s recovery soon,” Said Paul Hollingsworth, an economist at Capital Economics.

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