- Prior +0.2%
- Services -0.4% m/m
- Prior +0.4%
- Industrial output -0.6% m/m
- Prior -0.7%
- Manufacturing output -0.9% m/m
- Prior -0.8%
- Construction output +0.9% m/m
- Prior +0.5%
The main drag comes from a decline in services output, which was the first monthly drop since October last year. Overall, there were falls in 9 of the 14 subsectors for the month of April. Not quite a good start to Q2 for the UK economy.
This article was written by Justin Low at www.forexlive.com.