Mixed and confusing data out of the UK: on one hand, manufacturing production is down 0.6% on the month and only 1% up y/y, below expectations. On the other hand, the wider industrial production is up 0.4%, much better than expected and 2.1% y/y.
GBP/USD is trading choppily but doesn’t pick a new direction.
Read the rest of the article UK Manufacturing Production falls 0.6%, industrial output +0.4%