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在线翻译:
szdaily -> World Economy
UK manufacturers enjoy strongest growth this year
    2017-September-11  08:53    Shenzhen Daily

BRITAIN’S manufacturing output expanded at the strongest pace this year in July, but there was little sign of improvement in the trade deficit despite sterling’s sharp fall since last year’s Brexit vote.

The data, released Friday along with figures for the construction industry, suggest Britain’s economy continues to expand at a modest pace at the start of the third quarter after suffering the slowest start to the year since 2012.

The country’s Office for National Statistics (ONS) said manufacturing output rose 0.5 percent in July, above economists’ forecasts in a previous poll, after car production reversed a dip in the previous month.

Growth in the broader measure of industrial output slowed to 0.2 percent from 0.5 percent, in line with forecasts as a continued lack of seasonal maintenance of North Sea oil fields boosted energy production.

Business surveys over the last week suggested manufacturers look set for a stronger end to the year, boosted by exports — especially to the European Union. But muted investment intentions also pointed to nervousness about the economic outlook ahead of Brexit.

The economy is “treading water” ahead of Brexit, the British Chambers of Commerce (BCC) said Friday after it downgraded forecasts for growth over the next two years.

The BCC expects growth next year to be the weakest since the 2008-2009 recession, with gross domestic product rising by just 1.2 percent, down from an earlier 1.3 percent forecast. Growth in 2019 is predicted to be little better at 1.4 percent.(SD-Agencies)

 

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