UK Manufacturing Production declines 0.4% MoM in January vs. -0.1% expected

The industrial sector activity showed contraction in January, the latest UK industrial and manufacturing production data published by Office for National Statistics (ONS) showed on Friday.

Manufacturing output arrived at -0.4% MoM in January versus -0.1% expectations and 0% registered in December while total industrial output came in at -0.3% MoM vs. -0.2% expected and 0.3% last.

more to come ...