U.K. industrial output disappoints

|By:, SA News Editor

U.K. industrial production slowed to +2.5% on year in November from +3.2% in October and missed forecasts of +3.1%.

On month, output was flat v +0.3% and +0.4%.

Manufacturing production +2.8% on year vs +2.6% and +3.3%.

On month, output was flat vs +0.2% and +0.4%.

The pound takes a dive and is -0.4% to $1.641, while the FTSE is +0.7%. (PR)

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