UK Manufacturing Production drops unexpectedly by 0.3% MoM in April

The Office for National Statistics (ONS) published the UK industrial and manufacturing production data on Friday, suggesting that Britain’s industrial sector recovery faltered in April.

Manufacturing output arrived at -0.3% MoM in April versus 1.5% expectations and 2.1% booked in March while total industrial output came in at -1.3% vs. 1.2% expected and 1.8% last.

more to come ....