UK Manufacturing Production arrives at -1.7% MoM in Nov vs. -0.3% expected

On Monday, the Office of National Statistics released the United Kingdom industrial and production data and witnessed a further deterioration in the overall industrial activity in November.

Production output in November reached -1.7% MoM compared to-0.3% expectations and + 0.5% reserved in October, while industrial output totaled -1.2% vs -0.1% expected, and last year +0.4%.

On an annualized basis, growth in the United King....