The Office for National Statistics (ONS) published the UK industrial and manufacturing production data on Tuesday, with the overall industrial activity witnessing deterioration in October.
Manufacturing output arrived at +0.2% MoM in October versus 0.0% expectations and -0.4% booked in September, while total industrial output came in at +0.1% vs. +0.2% expected and -0.3% last.
On an annualized basis, the UK manufacturing production figures came in at -1.2% in October, beating expectations of -1.4%. Total industrial output dropped by 1.3% in October, against a -1.2% reading expected and the previous -1.4% print.
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