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UK industrial production drops 1.2% in November


January, 13 2020
watermark Economic news

According to the UK Office for National Statistics, industrial production in the country in November fell by 1.2% compared to October. In annual terms, industrial production decreased by 1.6%.


Fresh data were worse than analysts' forecasts. In particular, experts predicted that industrial production in the reporting month decreased by 0.1% on a monthly basis, and on an annual basis – decreased by 1.4%.


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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.