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U.K.: Industrial Production declines, Manufacturing Production rises | 10.02.2015

 

While Industrial Production declined, Manufacturing Production rose in December.

 

 

U.K.'s Industrial Production declined by -0.2% on a monthly basis in December according to the U.K. Office for National Statistics, short of expectations for an 0.3% increase. On a yearly basis Industrial Production grew less than predicted 0.5% compared to forecasts of 0.8%.

 

 

Manufacturing Production grew by a seasonally adjusted 0.1% in December, compared to expectations for an increase of 0.3%. Year on year it rose by 2.4%, beating expectations of 2.0%.

 

 

Markets await the NIESR GDP Estimate scheduled for 15:00 GMT.



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