UK: Annual Industrial Production edges up 2.5% in August

FXStreet (Łódź) - Year-over-year UK Industrial Production rose by 2.5% in August, compared with the 2.2% increase registered the previous month and slightly below forecasts of +2.6%.On a monthly basis Industrial Production remained flat, following a 0.4% rise, as expected.

Manufacturing production grew 3.9% year-on-year, up from the 3.5% increase and above expectations of +3.4%. Month-on-month Manufacturing Production ticked up 0.1%, following a 0.3% rise, in line with projections.