July 2015 UK industrial production -0.4% vs +0.1% exp m/m

Highlights of the July 2015 UK industrial production data report 9 September 2015

• Prior -0.4%
• 0.8% vs 1.4% exp y/y. Prior 1.5%
• Manufacturing output -0.8% vs 0.2% exp m/m. Prior 0.2%
• -0.5% vs +0.5% exp y/y. Prior 0.5%

Stinky stinky

Car manufacturing was a big reason for the drop with factories shutting down earlier than usual for the summer. As the trade data has shown the weak exports market is now becoming a real hindrance

UK industrial and manufacturing output y/y