UK industrial and manufacturing outputs come in below expectations
Industrial production came in at 0.3 percent against an expected 0.8 percent but improved when compared to the previous monthly reading of -1.2 percent.
Manufacturing production was up by 0.2 percent against an expected 0.3 percent but improved when compared to the 0.0 percent recorded last month.
Yearly figures for both reading were also lower than the expected and the previous figures.
The figures continue to highlight the anemic growth being registered within the UK economy.
At the time of the release the GBP/USD lost around 27 pips, while the EUR/GBP was lifted by around 10 pips.
Good Day.
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