UK Manufacturing Production drops 1.6% MoM in August vs. 0% expected Manufacturing IndustrialProduction UnitedKingdom GBPUSD EconomicIndicator
The industrial sector recovery lost momentum in August, the latest UK industrial and manufacturing production data published by Office for National Statistics showed on Wednesday.
On an annualized basis, the UK manufacturing production figures came in at -6.7% in August, missing expectations of 0.8%. Total industrial output plunged by 5.2% in the eighth month of the year against a 0.6% reading expected and the previous 1.1% print. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
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