UH-OH: UK Industrial Production Unexpectedly Drops

Rolls RoyceRolls Royce

Photo: Motor Authority

UK Industrial production unexpectedly fell 0.8 per cent month-over-month in October, reports Bloomberg’s Linda Yueh.  This was much worse than the 0.8 per cent increase expected by economists.Manufacturing fell 1.3 per cent versus and estimate for a 0.2 per cent decline.

Markets are down modestly in Europe.

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 research.businessinsider.com.au.

Tagged In

economy moneygame-us