UK Manufacturing Data Comes In Really Ugly

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Photo: en.wikipedia.org

They’re not in a state of financial or sovereign crisis, but the UK economy is ugly.The latest manufacturing/factory data:

• The seasonally adjusted Index of Production fell by 1.0 per cent in April 2012 compared with April 2011

• The seasonally adjusted Index of Manufacturing fell by 0.3 per cent in April 2012 compared with April 2011

• The seasonally adjusted Index of Production remained unchanged between March 2012 and April 2012

• The seasonally adjusted Index of Manufacturing fell by 0.7 per cent between March 2012 and April 2012

Read the whole report, here >

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