News Story

UK Manufacturing Production Falls in April

- Output in the UK manufacturing sector fell 1.4% in April from the prior month, according to figures published on Monday by the Office for National Statistics.

The consensus expectation had been for a gain of 0.3%.

Industrial production fell 0.8% in April, compared to a gain of 0.1% in the previous month.

Analysts had forecast a 0.2% advance.

On an annualized basis, manufacturing production rose 1.4% in April, compared to expectations for a 3.1% increase.

In March, manufacturing production rose 2.9% from the year before.

Year-on-year, industrial production rose 1.8% in April.

Analysts were looking for a 2.7% increase.

The reading came after a 2.9% rise in March.

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