Office for National Statistics announced the UK March Industrial Output MoM on 2025-05-15. The reported figure stands at -0.7%, against a forecast of -0.5%, with the prior figure recorded as 1.50%.
Regarding the UK March Industrial Output MoM, Actual value > Forecast value = Positive for the Pound, Industrial output refers to the various products produced through industrial processes, which includes two components: one part satisfies people's living needs, such as food, clothing, televisions, refrigerators, etc., and the other part meets production needs, such as steel, machinery, fertilizers, pesticides, etc. Industrial output is generally regarded as the main indicator of the activity level in the manufacturing sector. Better data tends to boost the performance of the pound. A steady rise in the industrial output index indicates that the economy is in an upward phase.
This data holds an importance level of , calculated using The total value change of products produced by manufacturers, miners, and public utility units, with monthly and annual rate data published, and updates monthly. The next release is set for 2025-07-11 14:00:00.
This content is AI-generated.Please verify before use.
Disclaimer: The Crypto Calendar is for informational purposes only and doesn’t reflect Gate.com’s views or serve as financial advice.