What is going on? news is bad but GBP is going up why?
UK Index of Production, December 2014
Total production output is estimated to have increased by 0.1% between Q3 2014 and Q4 2014. The largest contribution to the quarterly growth came from manufacturing, which increased by 0.2%. Total production output increased by 1.4% between 2013 and 2014. Of the four main sectors, manufacturing output was the only one to rise, increasing by 2.7%. Total production output is estimated to have increased by 0.5% in December 2014 compared with December 2013. Manufacturing output was the only main sector to rise, increasing by 2.4%. Total production output decreased by 0.2% between November 2014 and December 2014. The ... (full story)