All the UK figures missed expectations and they were also accompanied by downwards revisions across the board. Manufacturing fell 1.1% m/m and 1.8% y/y. Industrial output dropped 0.3% m/m and 0.5% y/y. The trade balance stands at -11.964 billion but at least it’s not worse than the significantly downwards revised figure for the previous month, to 12.157 billion. […]
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