Industrial output adds to U.K.'s growth picture

|By:, SA News Editor

U.K. industrial production +1.1% on month in June vs flat in May and consensus of +0.7%. On year, output +1.2% vs -2.3% and +0.6%.

Manufacturing production +1.9% on month vs -0.7% and +0.9%. On year, output +2% vs -2.9% and +0.9%.

Sterling (GBB) spikes and is now +0.15% at $1.5377; the FTSE (FKU) climbs a bit as well and is -0.2% after being even lower earlier. (PR)