British output, input prices at three-year low
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Output prices in Britain, or the cost of goods at the factory gate, fell to the lowest level since November 2001 last month, while raw material costs also slumped.
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Britain's manufacturing recovery stuttered in the third quarter, weighed down by a slowdown in demand and the surging cost of raw materials, the country's leading business grouping said.
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The pound has fallen to an all-time low against the euro as the outlook for the UK economy darkens.
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China&#39;s car production and sales this year will be lower than expected and also the lowest increasesince China&#39;s entry to the World Trade Organization three years ago, according to industry experts.
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The UK's manufacturing sector shows an unexpected slowdown in September, easing pressure on the Bank of England to raise interest rates again.
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Interest rates on short-term Treasury bills fell in Monday's auction to the lowest levels in three years.
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Britain's manufacturing industries experienced an unexpected drop in output in August, the first time since January 2002 that output has fallen for three months in a row.
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British manufacturing output unexpectedly dropped for the second month running in July, figures showed today. The data, from the Office for National Statistics (ONS) reinforced impressions that interest rates were either at or close to their peak.
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London: World oil prices plummeted to the lowest levels for three months on Friday, shedding almost three dollars in New York, as fears of an evaporating supply crunch sent investors packing, analysts said.
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The pound touches its lowest level against the euro in 14 months amid fears over the strength of the UK economy.
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Business & money: Index of leading UK shares falls to lowest level since credit crunch began last August
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UK retail sales were at their lowest level in September since March 2003, according to a CBI survey.
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The UK trade gap with the rest of the world shrank to Â£3.6bn in April, the Office for National Statistics says.
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About 22,000 jobs in UK manufacturing could be lost in the next three months as output lags in many areas, the Confederation of British Industry says.
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Manufacturing output has unexpectedly fallen for the third month in a row in August and at the sharpest pace in nearly two years, official data show.
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Britain's trade in goods deficit fell to 4.6 billion pounds (6.58 billion euros, 8.61 billion dollars) in November from a downwardly revised 5.0 billion in October.
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An index of optimism among UK manufacturers fell in the three months through October to the lowest since July of last year, the Confederation of British Industry said, adding to evidence of a slowdown in industry.