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UK industrial production rises 0.3% in January

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 9, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The UK Office for National Statistics data (ONS) released today showed industrial production in February bounced back from the 1.1% shrinkage in December.

    Industrial production in the UK rose by 0.3% m/m in February, missing the estimated rise of 0.5%. Manufacturing, the largest component, rose 0.7% m/m, bettering the estimate of 0.2%. The annualized figure came-in at -0.1%, again bettering the estimated figure of -0.7%.
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