UK May production data now released 7 July

  • 0.2% prev
  • yy -0.2% vs +0.2% exp
  • mftg prod mm -0.2% vs 0.5% exp vs 0.2% prev
  • yy 0.4% vs 1.0% exp vs 0.0% prev
  • construction output mm SA -1.2% vs 0.7% vs -1.1% prev rev up from -1.6%
  • construction output yy SA

Soggy data report that won't surprise the UK-GBP bears.

Worse than expected trade figures also released to make it a double whammy.

GBPUSD tumbles to 1.2916, that ol' magic support number holding again even though we've posted 1.2893 this week.

EURGBP takes out 0.8820-25 resistance/offers to post 0.8839 in a rush.

Full ONS data reports here

UK ind production mm