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- 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.
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