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10.04.2015 16:20

U.K.’s Industrial Production below forecasts, Manufacturing Production in line

Today the Office for National Statistics reported U.K.'s Industrial and Manufacturing Production data for the month of March.

Industrial Production only rose +0.1%, below the estimated increase of +0.3%. The output was dragged down by a strong decline in energy. In February Industrial Production declined -0.1%.

Manufacturing Production rose +0.4%, in line with expectations from -0.5% in the preceding month. The best performing sectors out of the 13 were transport equipment, machinery and metals. Seven sectors posted gains.

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