November 2018 UK industrial and manufacturing production, GDP and trade balance data 11 January 2019
- Industrial production -0.4% vs 0.2% exp m/m. Prior -0.6%
- -1.5% vs -0.7% exp y/y. Prior -0.8%
- Manufacturing production -0.3% vs 0.3% exp m/m. Prior -0.9%
- -1.1% vs -0.7% exp y/y. Prior -1.0%
- Construction output 0.6% vs 0.2% exp m/m. Prior -0.2%
- 3.0% vs 2.5% exp y/y. Prior 3.8%
GDP
- 0.2% vs 0.1% exp m/m. Prior 0.1%
- 1.4% vs 1.3% exp y/y. Prior 1.5%
- 0.3% vs 0.3% exp 3m/3m. Prior 0.4%
- Services 0.3% vs 0.2% prior m/m
- 1.9% vs 1.8% prior y/y
Trade balance
- Visible trade -12.02bal bn vs -11.40bn exp. Prior -11.87bn
- Non-EU bal -3.92bn vs -3.70bn exp. Prior -4.25bn
- Trade bal -2.90bn vs -2.80bn exp. Prior -3.30bn
On the whole, better GDP, worse IP & MP. Beeter construction (it’s a volatile number) and worse trade balance, although and improvement in Non-EU bal. Overall, not much to trade on.
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