August 2015 UK industrial production 1.0% vs 0.3% exp m/m

Details of the August 2015 UK industrial production data report 7 October 2015

• Prior -0.4%. Revised to -0.3%
• 1.9% vs 1.2% exp y/y. Prior 0.8%. Revised to 0.7%
• Manufacturing output 0.5% vs 0.3% exp m/m. Prior -0.8%. Revised to -0.7%
• -0.8% vs -0.1% exp y/y. Prior -0.5%. Revised to -1.2%

The pound has run higher on the headline IP number but it's not that good a report. The manufacturing side mirrors what we've been seeing lately and if we look at the 3m/3m number it's 0.1% vs 0.2% in July while manufacturing is -0.9% vs -1.1% prior.

The ONS have also been tinkering with the revisions up to Q2 2015 but I'm not seeing anything that materially changes these numbers and they might not be relevant until the revisions to these numbers in the Sep report

UK industrial and manufacturing production y/y