UK Manufacturing Production declines 0.4% MoM in January vs. -0.1% expected

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UK Manufacturing Production declines 0.4% MoM in January vs. -0.1% expected

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    The industrial sector activity showed contraction in January, the latest UK industrial and manufacturing production data published by Office for National Statistics (ONS) showed on Friday.

    Manufacturing output arrived at -0.4% MoM in January versus -0.1% expectations and 0% registered in December while total industrial output came in at -0.3% MoM vs. -0.2% expected and 0.3% last.

    more to come …

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