Wednesday, 17 July 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
UK Manufacturing Production Arrives at 0.9% m/m in March, Beats Estimates
Friday, 10 May 2019 15:49 WIB | ECONOMY |UK Manufacturing

The Office for National Statistics (ONS) published the UK industrial and manufacturing production data on Friday, with the overall industrial activity showing a solid improvement in the month of March.

Manufacturing output arrived at 0.9% m/m in Mar versus 0.2% expectations and 1.0% (revised from 00.9%) booked in Feb, while total industrial output came in at 0.7% vs. 0.1% expected and 0.6% last.    

On an annualized basis, the UK manufacturing production figures came in at 2.6% in Mar, beating expectations of 1.3% by a big margin. Total industrial output jumped by 1.3% in Mar, bettering expectations of a 0.5% reading and against the previous 0.4% (revised up from 0.1%) print.

Separately, the UK goods trade balance numbers were published, which arrived at GBP “13.650 billion in Mar, versus GBP -13.800 billion expectations and GBP -14.434 billion last. Total trade balance (non-EU) came in at GBP -4.361 billion in Mar versus GBP -6.217 billion previous.

Source : Fxstreet

RELATED NEWS
Retail sales pop again in June in good sign for consumer-driven U.S. economy...
Tuesday, 16 July 2019 19:58 WIB

Sales at U.S. retailers rose solidly in June for the fourth month in a row, pointing to a strong rebound in consumer spending in the second quarter that suggests the economy is not as fragile as the F...

UK wages rise by 3.6% 3m y/y in May, beat estimates...
Tuesday, 16 July 2019 16:02 WIB

The Office for National Statistics (ONS) showed on Tuesday, the UK's average weekly earnings, excluding bonuses bettered expectations, arriving at 3.6% 3m y/y in May versus 3.4% last and 3.5% expected...

China Economy Slows Further in 2nd Quarter Amid Trade Standoff...
Monday, 15 July 2019 09:14 WIB

China economy continued slowing in the second quarter, with sluggish domestic output and continuing trade tensions pulling growth down to the weakest pace since the early 1990s. Gross domestic produc...

U.S. wholesale prices increased 0.1% in June, PPI shows...
Friday, 12 July 2019 19:46 WIB

The producer price index rose a modest 0.1% in June, indicating that inflation remains muted. Economists polled by MarketWatch had predicted a 0.1% fall. The increase in wholesale inflation over the ...

Consumer inflation edges up 0.1% in June, CPI shows, but price pressures still muted...
Thursday, 11 July 2019 19:54 WIB

Americans paid more for rent, clothes and autos in June, but consumer inflation was largely held in check by falling energy prices. Waning inflation is one of the chief reasons the Federal Reserve is ...

LATEST NEWS
Tokyo Stocks Close Lower as Trade Optimism Fades

Tokyo stocks closed lower on Wednesday tracking falls on Wall Street, as optimism over US-China trade talks receded after recent comments from both sides. The benchmark Nikkei 225 index lost 0.31 percent, or 66.07 points, to close at 21,469.18,...

Gold Prices Turn Lower on U.S.-Iran Talks, Strong Retail Sales Data

Gold prices fell on Wednesday in Asia on reports that the U.S. is set to begin talks with Iran. Retail sales gained 0.4% in June, outpacing consensus forecasts for a 0.1% advance. The data sparked buying interest in the U.S. dollar and pushed...

Oil Prices Near Flat After Falling More Than 3% Overnight

Oil prices were near flat on Wednesday in Asia after slumping more than 3% overnight following news that U.S. President Donald Trump and his administration are ready to start talks with Iran. U.S. Crude Oil WTI Futures last traded at $57.64 by...

POPULAR NEWS
Gold prices settle at nearly two-week peak
Tuesday, 16 July 2019 01:55 WIB

Gold futures edged higher on Monday, settling at their highest in almost two weeks as prices extended recent gains scored on the back of...

Gold prices end lower; silver rallies to highest finish since February
Wednesday, 17 July 2019 02:11 WIB

Gold ended lower on Tuesday as a rise in U.S. retail sales contributed to a stronger U.S. dollar, pressuring prices for the precious metal. The...

Wall St. Leans Neutral/Sideways On Gold Prices, Main St. Bullish
Monday, 15 July 2019 13:42 WIB

Wall Street traders and analysts are undecided or else look for gold prices to be sideways this week, while Main Street remained bullish, according...

Gold Trades Steady Ahead of China GDP Data
Monday, 15 July 2019 09:58 WIB

Gold prices held steady in early Asian trade on Monday, as market participants awaited key economic data from China for cues about the health of the...