Manufacturing production rises 1.1% in November

The UK industrial sector experienced a strong recovery in Novemberthe latest UK manufacturing and industrial production data released by the Office for National Statistics (ONS) showed on Friday.

Manufacturing production reached 1.1% month-on-month in November compared to the 0.2% expected and 0.1% seen in October, while total industrial production rose 0.7%, compared to the expected 0.2% and the previous -0.5%.

In annualized terms, UK manufacturing production figures stood at 0.4% in November, exceeding expectations of -0.3%. Total industrial production increased 0.1% in the eleventh month of the year compared to an expected reading of 0.5% and the previous 0.2%.

On the other hand, they were published figures for the UK goods trade balance, which reached -11,337 million pounds in November versus expectations of -14.2 billion and -13.93 billion the previous month. The total trade balance (non-EU) stood at £ 5,665 million in November compared to £ 8,618 million previously.

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