British economic data paints mixed picture

Britain`s trade deficit worsened in July from the level in June, but industrial output rebounded, mixed official data showed on Tuesday.

London: Britain`s trade deficit worsened in July from the level in June, but industrial output rebounded, mixed official data showed on Tuesday.

The country`s deficit in goods trade with the rest of the world grew to £10.2 billion ($16.4 billion, 12.8 billion euros) in July.

That was up from £9.4 billion in June, the Office for National Statistics (ONS) said in a statement.

In a separate data release, the ONS said that British industrial output rose 0.5 percent in July from the level of activity in June, helped by higher energy production.

Over a 12-month period, industrial output climbed by 1.7 percent in July.

"Mixed overall news on the UK economy for July with a slightly larger-than-expected increase in industrial production being countered by a larger-than-expected trade deficit," said IHS Global Insight economist Howard Archer.

The ONS data also showed that manufacturing output -- which excludes mining and quarrying, electricity, gas and water supply -- increased by 0.3 percent in July compared with June. It grew 2.2 percent year-on-year.

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