--UK Nov industry output up 0.1% on mo, up 0.3% on yr
--UK Nov manufacturing output up 0.3% on mo, up 0.6% on yr
--UK Nov manufacturing output above expectations, industry below
--UK Oct mfg output rev at +0.1% on mo, rev at +0.9% on yr
--UK Sep-Nov industry output -0.6% vs May-Jul; +0.5% on yr
--UK Sep-Nov manufacturing output +0.2% vs May-Jul; +0.7% on yr
--UK Oct mfg output rev up on stronger computer manufacturing
--UK Nov mining, quarrying output -1.4% on mo, -6.0% on yr
--UK Nov utilities output +0.3% on mo, +4.4% on yr
--ONS: UK mfg yrly trend estimate unchanged at +1.5%
--ONS: UK industry yrly trend estimate now flat vs prev +1.0%
--UK Nov mining, quarrying down on continued lower gas production
By BridgeNews
London--Jan. 12--Another strong performance from the electrical and optical sector helped the U.K manufacturing sector take a further step forward in its fragile recovery in November, according to figures released Friday by the Office for National Statistics. Output rose 0.3% on the month and 0.6% on the year, compared with revised growth of 0.1% on the month and 0.9% on the year in October. Analysts had expected monthly growth of around 0.2%. Weak gas production, however, subdued total industrial output, which was slightly below forecasts.
* * * Industry output rose 0.1% on the month and 0.3% on the year, the lowest annual rate since June 1999 and below expectations of a monthly rise of 0.3% and annual increase of 0.5%. Output fell 0.2% on the month and rose 0.6% on the year in October.
October manufacturing production was revised up significantly to monthly growth of 0.1% from a fall of 0.1% in the previous release. The ONS said stronger estimates of computer production explained the change.
A spokesman for the ONS said the trend estimate for manufacturing output remained at an annual rate of 1.5% but the estimate for total industrial production has been revised down to flat from 1.0%. A combination of weather factors and lower oil and gas production appears to be the main reason for the change.