- Prior 0.1%. Revised to 0.0%
- 2.7% vs 2.2% exp y/y. Prior 2.9%. Revised to 2.8%
- Manufacturing output 1.0% vs 0.3% exp m/m. Prior 0.4%. Revised to 0.3%
- 3.8% vs 3.1% exp y/y. Prior 3.3%. Revised to 3.2%
Some super stellar figures in that lot and the pound races up to 1.6693 from 1.6655
Big turn around in Mining and quarrying (inc Gas & Oil extraction) +3.5% vs -3.2% m/m and +0.2% vs -1.7% prior y/y. Massive turnaround in Gas and Oil extraction on its own +6.7% vs -5.0% m/m prior, +0.9% vs -6.6% prior y/y.
Electricity, gas, steam and air con fell 8.8% from -4.4% y/y while water supply and waste was only up 8.5% from 12.6% prior y/y
It’s not a big component of GDP but it’s still a very strong read and a sign that the economy is still kicking along nicely. Cable now through 1.67 to 1.6713
UK industrial production 08 04 2014
