The indicator reflects the change in total production in the UK. The manufacturing industry accounts for about 80% of total industrial production. The data above the forecasts strengthen the GBP, while the data below the forecasts affects national currency negatively. The February figure is expected to fall from 0.8% MoM to 0.2% MoM but increase from –1.1% YoY to –0.7% YoY.
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