UK industrial production and manufacturing output data report 10 June 2015

  • Prior 0.5%. Revised to 0.6%
  • 1.2% vs 0.6% exp y/y. Prior 0.7%. Revised to 1.1%
  • Manufacturing output -0.4% vs +0.1% exp m/m. Prior +0.4%
  • 0.2% vs 0.4% exp y/y. Prior 1.1%. Revised to 1.2%

Oil production drives industrial output higher but a fall in pharmaceuticals pushed manufacturing down

It's a bit of a mixed bag but the fall on the manufacturing side could be a worry that domestic demand has slipped somewhat. There's some half decent revisions as well.

GBPUSD had a little wobble lower but is back at 1.5437

UK industrial and manufacturing production y/y