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The Office for National Statistics (ONS) released its manufacturing industrial production figures for the U.K. on Wednesday. Manufacturing production in the U.K. decline 0.8% in July, missing expectations for a 0.2% gain, after a 0.2% increase in June.
Manufacturing output was driven by a drop in the vehicle production.
On a yearly basis, manufacturing production in the U.K. decreased 0.5% in July, missing forecast of a 0.5% gain, after a 0.5% rise in June.
Industrial production in the U.K. dropped 0.4% in July, missing forecasts of a 0.1% rise, after a 0.4% fall in June.
On a yearly basis, industrial production in the U.K. gained 0.8% in July, missing expectations for a 1.4% rise, after a 1.5% increase in June.
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