• Prior -0.7%. Revised to -0.6%
  • 1.2% vs 1.5% exp. Prior 2.3%
  • 3mth/3mth 0.3% vs 0.6% prior
  • Manufacturing output 0.3% vs 0.6% exp m/m. Prior -1.3%
  • 1.9% vs 2.1% exp y/y. Prior 3.7%
  • 3m/3m 0.2% vs 1.1% prior

Not much in the way of good news there and the pound is slammed down to 1.6826. The market looked like it was almost waiting for a bad number to hit the downside.

Despite the “broad based recovery” becoming somewhat unbalanced now, the ONS say the numbers will not cause them to revise their Q2 GDP estimate of 0.8%

UK industrial production y/y 06 08 2014

UK industrial production y/y 06 08 2014