UK Manufacturing Production falls 1% MoM in April vs. 0.2% expected IndustrialProduction EconomicIndicator Manufacturing GBPUSD UnitedKingdom
The UK’s industrial sector recovery remained in the doldrums in April, the latest UK industrial and manufacturing production data published by Office for National Statistics showed on Monday.
On an annualized basis, the UK manufacturing production figures came in at 0.5% in April, missing expectations of 1.8%. Total industrial output rose by 0.7% in the fourth month of this year against a 0.5% reading expected and the previous 0.7% print. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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