Industrial Production. UK, 08:00 (GMT+2)

Industrial Production. UK, 08:00 (GMT+2)

At 08:00 (GMT+2), the data on the UK Industrial Production for June will be published. Industrial Production gauges the change in the total inflation-adjusted value of output manufacturers, quarries, and utilities produced. The indicator takes into account the manufacturing and mining industries, as well as the power industry. It is expected that the annualized rate will increase from 1.4% to 1.6%, and on a monthly basis it will decrease from 0.9% to -1.3%, which may negatively affect the pound quotes.

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