UK Manufacturing Production drops unexpectedly by 0.3% MoM in April

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The Office for National Statistics (ONS) published the UK industrial and manufacturing production data on Friday, suggesting that Britain’s industrial sector recovery faltered in April.

Manufacturing output arrived at -0.3% MoM in April versus 1.5% expectations and 2.1% booked in March while total industrial output came in at -1.3% vs. 1.2% expected and 1.8% last.

more to come ….