A shocker of a number and the biggest drop since April last year
Feb Industrial Output +0.4%m/m (exp +0.3%), -2.3% y/y
Cable’s off around 20 pips to 1.5870 on the release
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UK Feb Manufacturing output -1% m/m (expected +0.1%m/m), -1.4% y/y
UK Feb Manufacturing output -1% m/m (expected +0.1%m/m), -1.4% y/y
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