UK manufacturing production arrives at 0.2% m/m in Sept, beats estimates

The Office for National Statistics (ONS) published the UK industrial and manufacturing production data on Friday, with the overall industrial activity showing mixed results in the month of September.

Manufacturing output arrived at 0.2% m/m in Sept versus 0.1% expectations and -0.1% (revised higher from -0.2%) booked in Aug, while total industrial output showed no growth in the reported month.

On an annualized basis, the UK manufacturing production figures came in at 0.5% in Sept, outpacing expectations of 0.4%. Total industrial output stayed flat in Sept, missing expectations of a 0.4% reading and against the previous 1.0% (revised down from 1.3%) print.

Separately, the UK goods trade balance numbers were published, which arrived at GBP – 9.730 billion in Sept, versus GBP -11.250 billion expectations and GBP -11.195 billion last. Total trade balance came in at GBP -2.340 billion in Sept versus GBP -1.274 billion previous.

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