- Analytics
- News and Tools
- Market News
- UK Manufacturing Production rises by 0.2% MoM in December vs. 0.1% expected
UK Manufacturing Production rises by 0.2% MoM in December vs. 0.1% expected
Britain’s industrial sector continued its gradual recovery in December, the latest UK industrial and manufacturing production data published by Office for National Statistics (ONS) showed on Friday.
Manufacturing output arrived at 0.2% MoM in December versus 0.1% expectations and 0.7% booked in November while total industrial output came in at 0.3% vs. 0.1% expected and 0.7% last.
On an annualized basis, the UK manufacturing production figures came in at 1.3% in December, beating expectations of 1.7%. Total industrial output rose by 0.4% in the final month of the year against a 0.6% reading expected and the previous -0.2% print.
Separately, the UK goods trade balance numbers were published, which arrived at GBP-12.534 billion in December versus GBP-12.50 billion expectations and GBP-11.337 billion last. Total trade balance (non-EU) came in at GBP-7.876 billion in December versus GBP-5.665 billion previous.
Related reads
GBP/USD flirts with daily low around 1.3520-25 area, moves little post-UK macro data
UK Preliminary GDP misses estimates with 1.0% QoQ in Q4
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
