British industry beat expectations in April -- but manufacturing slumped

UK industrial production figures for April just beat analyst expectations by a distance.

Analysts expected a 0.1% boost on the month, with just a 0.6% boost year-on-year forecast.

The actual figures show a rise of 0.4% in April from March, and 1.2% from the same month last year.

Manufacturing figures, on the other hand, missed expectations, rising by just 0.2% month-on-month

NOW WATCH: Forget the Apple Watch — here’s the new watch everyone on Wall Street wants

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at