UK: Annual Industrial Production falls 0.6% in April

FXstreet.com (Barcelona) - Year-over-year UK Industrial Production fell by 0.6% in April, following a 1.4% drop in March, National Statistics informed on Tuesday. Maket experts forecasted a 0.7% decrease. UK Industrial Production rose by 0.1% between March 2013 and April 2013, in comparison with the 0.7% growth registered between February 2013 and March 2013 and against expectations of remaining unchanged.

On an annual basis UK Manufacturing Production fell by 0.5% in April, up from the 1.4% drop in March and slightly below expectations of a 0.4% decline. Between March 2013 and April 2013 UK Manufacturing Production decreased 0.2%, following a 1.1% rise between February 2013 and March 2013 versus consensus of a 0.3% drop.