Details from the October 2015 UK industrial and manufacturing production data report 8 December 2015
- Prior -0.2%. Revised to 0.0%
- 1.7% vs 1.2% exp y/y. Prior 1.1%. Revised to 1.5%
- Manufacturing production -0.4% vs 0.0% exp m/m. Prior 0.8%. Revised to 0.9%
- -0.1% vs 0.1% exp y/y. Prior -0.6%. Revised to -0.4%
Decent jump on the year on year number and better revisions across the board. The manufacturing numbers look very down in the dumps
There's not a lot here to help with Q4 numbers and the manufacturing sector is still a drag on growth. With the Nov manufacturing PMI also dropping it's unlikely we see much of an improvement here in next months data
Cable was flirting with 1.50 before the data and recovered to 1.5030 before dropping back to 1.5015. I won't be using this data to steam into longs
UK Industrial and manufacturing production y/y