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<Econ> UK Mar Industrial Output Falls 0.2% MoM In Line; Manufacturing Output Rises 1.2%, Far Beating Forecasts
The UK Office for National Statistics announced that industrial output in March fell 0.2% MoM, in line with market expectations. The previous reading was revised downward to a 0.3%...
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<Econ> UK Mar Industrial Output Falls 0.2% MoM In Line; Manufacturing Output Rises 1.2%, Far Beating Forecasts
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The UK Office for National Statistics announced that industrial output in March fell 0.2% MoM, in line with market expectations. The previous reading was revised downward to a 0.3% increase. On a YoY basis, output was flat, missing expectations for a 0.3% increase. The previous figure was revised downward to a 0.5% decline.

During the period, manufacturing output rose 1.2% MoM, far beating expectations for a 0.1% decline. The previous reading was revised downward to a 0.2% drop. On a YoY basis, manufacturing output increased 1.2%, also far exceeding expectations for a 0.2% rise. The prior figure was revised downward to a 0.8% decline.

Construction output increased 1.5% MoM, beating market expectations for a 0.5% drop. The previous reading was revised downward to a 0.5% increase. On a YoY basis, it fell 0.3%, still better than expectations for a 2.5% decline. The prior figure was revised downward to a 1.6% drop. (da/u)

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