The volume of industrial production in the UK in May decreased by 0.6% compared to the previous month, according to the British National Statistics Office (ONS).
The indicator declined for the second month in a row and showed the worst dynamics since August last year.
Analysts polled by Trading Economics expected a decline of 0.4%.
In annualized terms, industrial production fell by 2.3%, matching the forecast, after declining by a revised 1.6% a month earlier.
The country’s manufacturing output in May fell 0.2% from April, electricity and gas production fell 2%, while the mining sector rose 0.3%.
For more information on key macroeconomic indicators in Ukraine and the world, see the link on the YouTube channel Club of Experts at the link:
