UK Manufacturing Production jumps 0.4% MoM in November vs. 0.3% expected

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The United Kingdom’s (UK) industrial sector activity rebounded in November, according to the latest data released by the Office for National Statistics (ONS) on Friday.

Manufacturing Output rose 0.4% MoM in November versus 0.3% expected and -1.2% seen in October while total Industrial Production arrived at 0.3% MoM vs. 0.3% expected and -1.3% previous.

The annual UK Manufacturing Production increased 1.3% in November, missing expectations of 1.7%. Total Industrial Output declined by 0.1% in the same period, as against the 0.7% estimated growth and the previous print of -0.5%.

Separately, the UK Goods Trade Balance numbers were published, which came in at GBP-14.189 billion in November versus GBP -15.70 billion expectations and GBP -15.936 billion last. The total Trade Balance (non-EU) came in at GBP-2.838 billion in November versus GBP-3.919 billion reported in October.

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