Details from the December 2016 UK industrial, manufacturing and construction output data report 10 February 2017
– 4.3% vs 3.2% exp y/y. Prior 2.0%
– Manufacturing 2.1% vs 0.5% exp m/m. Prior 1.3%
Very strong numbers indeed. I’m not sure why expectations were so low considering the Dec PMI’s we had last month?