UK: Annual Industrial Production dips 1.6% in May

FXstreet.com (Barcelona) - Year-over-year UK Industrial Production grew by 2.5% in November, down from the 3.2% rise in October, National Statistics informed on Friday. Analysts expected a 3.1% increase. Monthly UK Industrial Production remained flat in November, after climbing 0.3% in October and against expectations of growing 0.4%.

On an annual basis UK Manufacturing Production rose by 2.8% in November, following 2.6% growth in October and below expectations of a 3.3% increase. Month-over-month Manufacturing Production remained unchanged, following a 0.2% rise and against market consensus of 0.4% growth.