December 2015 UK industrial production -1.1% vs -0.1% exp m/m

Details of the December 2015 UK industrial production data report 10 February 2016

• Prior -0.7%. Revised to -0.8%
• -0.4% vs 1.0% exp y/y. Prior 0.9%. Revised to 0.7%
• Manufacturing production -0.2% vs +0.1% exp m/m. Prior -0.4%. Revised to -0.3%
• -1.7% vs -1.4% exp y/y. Prior -1.2%

Very poor numbers but the ONS say that will have less than a 0.1% impact on Q4 GDP

Mining, oil & gas extraction and manufacturing were the main reasons behind the biggest drop in output since 2012

Cable dropped initially but has recovered back to 1.4490