Latest data released by ONS - 10 January 2018
- Prior m/m +0.1%; revised to +0.3%
- Manufacturing production y/y +3.5% vs +2.8% expected
- Prior y/y +3.9%; revised to +4.7%
- Industrial production m/m +0.4% vs +0.4% expected
- Industrial production y/y +2.5% vs +1.8% expected
- Construction output m/m +0.4% vs +0.8% expected
- Construction output y/y +0.4% vs -1.0% expected
ONS says manufacturing in the 3 months to November was widespread as there were notable increases in renewable energy projects, boats, planes, and cars for export.
Pretty much a beat on the numbers - but as I mentioned in the calendar preview, nothing too substantial. Cable more or less unchanged at 1.3517.