This morning’s UK industrial production data was a rather large miss to the downside, with June figures revealing a -0.5% MoM contraction in activity compared to the consensus estimate of +0.1%. However, in spite of being a disappointment compared to consensus, the year on year data (+1.3% vs. +1.9% expected) is still consistent with the very strong Q2 GDP release we got last week (that first... ...More...


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