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UK industrial production expected to rise 0.3% - Unicredit

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 10, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Research Team at Unicredit, expects UK industrial production to rise 0.3% mom (+1.4% yoy) in December, and manufacturing output to rise 0.5% mom (-1.0% yoy).

    Key Quotes

    “Manufacturing activity remained subdued in December according to the PMI; however, it is nonetheless consistent with a slight pickup in the official manufacturing output measure at the end of the year. Partially offsetting this, energy production will likely again provide a downward contribution to industrial production due to the unseasonably warm weather.”
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