- Prior -0.1%; revised to 0.0%
- Services +0.3% vs +0.1% m/m expected
- Prior +0.1%
- Industrial output +1.5% vs 0.0% m/m expected
- Prior -0.9%; revised to -0.5%
- Manufacturing output +2.2% vs +0.2% m/m expected
- Prior -1.1%; revised to -1.0%
- Construction output +0.4% vs 0.0% expected
- Prior -0.2%; revised to -0.3%
It shows some added resilience to the UK economy, with services output especially surprising to the higher side. That will be a welcome development for the BOE at least, in light of all the uncertainty from the tariffs saga – even if the UK is not going to be that much impacted compared to others.
This article was written by Justin Low at www.forexlive.com.
