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.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.