The Office for National Statistics (ONS) published the UK industrial and manufacturing production data on Wednesday, with the overall industrial activity extended its recent rebound in the month of February.
Manufacturing output arrived at 0.9% m/m in Feb versus 0.2% expectations and 1.1% in Jan, while total industrial output came in at 0.6% vs. 0.1% expected and 0.7% last.
On an annualized basis, the UK manufacturing production figures came in at 0.6% in Feb, beating expectations of -0.7% by a big margin. Total industrial output dropped further by 0.1% in Feb, bettering expectations of a 0.9% drop and against the previous -0.3%.
Separately, the UK goods trade balance numbers were published, which arrived at GBP –14.11 billion in Feb, versus GBP -12.70 billion expectations and GBP -13.08 billion last. Total trade balance (non-EU) came in at GBP -5.841 billion in Feb versus GBP -6.558 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 assets. 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 Open Markets 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.