UK: Looking for a 0.3% m/m gain in manufacturing production - TDS

Analysts at TDS suggest that after starting the year with a series of declines, UK manufacturing production seems to be a on much better footing now and they’re looking for a 0.3% m/m gain in November (mkt 0.3%), which would be its 7th straight monthly gain.

Key Quotes

“For construction output, we look for a moderate 0.5% m/m gain (mkt 0.8%) after two months of much larger declines. And lastly, markets are looking for the visible trade balance to come in little changed from the prior month at -£11bn.”