DJIA26112.53
LIVE22.92(0.09%)
NDX7526.52
LIVE47.41(0.63%)

UK manufacturing production slumps 3.9% m/m in April, a big miss


Monday, 10 June 2019 15:58 WIB

Ekonomi inggrisGDP InggrisU.K Manufacture Production


00101101010gdp.jpg

The Office for National Statistics (ONS) published the UK industrial and manufacturing production data on Friday, with the overall industrial activity showing sluggishness in the month of April.

Manufacturing output arrived at -3.9% m/m in Apr versus 0.2% expectations and 0.9% booked in Mar, while total industrial output came in at -2.7% vs. 0.1% expected and 0.7% last.      

On an annualized basis, the UK manufacturing production figures came in at -0.8% in Apr, missing expectations of +1.3% by a big margin. Total industrial output jumped by -1.0% in Apr, missing expectations of a +0.5% reading and against the previous 1.3.% print.

Separately, the UK goods trade balance numbers were published, which arrived at GBP – 12.110 billion in Apr versus GBP -13.800 billion expectations and GBP -15.430 billion last. Total trade balance (non-EU) came in at GBP -4.595 billion in Apr versus GBP -4.361 billion previous.

The UK GDP monthly release showed that the economy contracted 0.4% in April, coming in at % versus -0.1% previous.

Meanwhile, Index of services (Apr) came in at 0.0% vs +0.1% m/m expected and Index of services (Apr) arrived at +0.3% vs +0.3% 3m/3m expected and 0.3% last.

Source : FXstreet


RELATED NEWS

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.