UK Manufacturing Production jumps 0.7% MoM in March vs. -0.1% expected
…
This is a premium post.
[s2If !current_user_can(access_s2member_level4)]Please register for FREE REGISTER to read full post below containing analysis. In case of any error or you think you are not able to read the full post below, please email us at support#nehcap.com [lwa][/s2If] [s2If current_user_can(access_s2member_level1)]
The industrial sector activity rebounded in March, the latest UK industrial and manufacturing production data published by Office for National Statistics (ONS) showed on Friday.
Manufacturing output arrived at 0.7% MoM in March versus -0.1% expected and -0.1% seen in February while total industrial output came in at 0.7% MoM vs. 0% expected and -0.1% last.
On an annualized basis, the UK Manufacturing Production data came in at -1.3% in March, beating expectations of -2.5%. Total industrial output dropped by 2.0% in the third month of the year against -2.9% expected and the previous print of -2.7%.
Separately, the UK goods trade balance numbers were published, which arrived at GBP-16.356 billion in March versus GBP-17.50 billion expectations and GBP-16.635 billion last. The total trade balance (non-EU) came in at GBP-5.458 billion in March versus GBP-5.794 billion previous.
[/s2If]
Nehcap Expert Advisor
The NEHCAP MT4 EA is high quality professional trading system geared to generate returns without using GRID or martingales. Each trade has strict risk per trade parameter. The pairs under management include EURUSD, GBPUSD, AUDCAD, AUDNZD,GBPAUD, EURAUD, EURCAD, CHFJPY and many more.
The system is trading live: LIVE ACCOUNT TRACKING
You can run it free. Apply for a free trial and track our account. Buy the system or use profit share mechanism to generate returns on your MT4.
Join Our Telegram Group
