UK Manufacturing Production rises 1.3% MoM in February vs. -0.8% expected

The Office for National Statistics (ONS) published the UK industrial and manufacturing production data on Tuesday, suggesting that Britain’s industrial sector is looking to emerge out of the damage caused by the covid-induced lockdowns.

Manufacturing output arrived at 1.3% MoM in February versus -0.8% expectations and -2.3% booked in January while total industrial output came in at 1.0% vs. 0.5% expected and -1.5% last.

more to come ...