Details from the November 2016 UK industrial and manufacturing production report 11 January 2017
– 2.0% vs 0.6% exp y/y. Prior -1.1%
– Manufacturing 1.3% vs 0.5% exp m/m. Prior -0.9%
Very good numbers from UK industry. We’ve already seen that the year could be ending well in manufacturing via the Dec PMI. This one lags those by a month so we should (on paper) see this sustained.