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New data Manufacturing Production YoY (May)

7/11/2024

actual 0.6, previous -0.4

The event is the Manufacturing Production Year-over-Year (YoY) report for May in the UK. The actual value reported is 0.6%, which is an increase of 1% compared to the previous period. This event is considered to have a medium impact on the market. The previous value was -0.4%, so this report shows an improvement in manufacturing production in the UK. The estimate was 1.2%, so the actual value fell short of expectations. Overall, this report indicates a modest growth in manufacturing production in the UK compared to the previous period.

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