UK industrial production and manufacturing disappoint in March

FXStreet — manufacturing production in the UK fell in March compared to the previous month of -0.6 %, after the already in February to -0.3%. The industrial production had already dropped the 3. Month in a row and so the result in March is between -0.5 % while the previous reading of -0.7 % was revised to -0.8%. The

Year-on-year basis, earnings in the manufacturing sector in March was 2.3 %, which is less than the expected 3.0 percent. The whole industrial production has slowed down compared to the previous year to 1.4 %, while the forecast was at 2.1%, 2.5 % previously.

** FXStreet News Editorial, FXStreet**

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