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UK Manufacturing Production jumps by 2.1% MoM in March vs. 1.0% expected

The Office for National Statistics (ONS) published the UK industrial and manufacturing production data on Wednesday, suggesting that Britain’s industrial sector is well on the recovery path after covid lockdown-induced hit.

Manufacturing output arrived at 2.1% MoM in March versus 1.0% expectations and 1.5% booked in February while total industrial output came in at 1.8% vs. 1.0% expected and 1.0% last.

 

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United Kingdom Total Trade Balance rose from previous £-7.12B to £-1.966B in March

United Kingdom Total Trade Balance rose from previous £-7.12B to £-1.966B in March
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GBP/USD defends 1.4100 after UK Q1 GDP, BOE’s Bailey, US inflation eyed

GBP/USD jumps 15 pips to 1.4130, still down 0.10% intraday, following the key UK data during early Wednesday. Although the headlines GDP came in negat
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