UK Manufacturing Production declines 0.8% MoM in July vs. -1.0% expected

The United Kingdom’s (UK) industrial sector activity showed a modest deceleration in July, the latest data published by the Office for National Statistics (ONS) showed on Wednesday.

Manufacturing output dropped 0.8% MoM in July versus -1.0% expected and 2.4% seen in June while total industrial output came in at -0.7% MoM vs. -0.6% expected and 1.8% prior.

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