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British Production Numbers Strong
British Industrial and Manufacturing Production figures have just been released for the month. Industrial Production (year-on-year) is up 2.9%, this is against a consensus figure of 3.0% and a previous reading of 1.8%. The monthly rise however is only 0.1% versus consensus of 0.2% and a previous of 0.4%. Manufacturing Production (year-on-year) is also up, posting a figure of 3.3% meeting the consensus expectation of 3.3% and more than doubling the previous reading of 1.5%. The month-to-month change in this figure is 0.4% against expectations of 0.3% and a prior month report of also 0.3%. These Industrial and ... (full story)