UK May Industrial Production MoM

Office for National Statistics announced the UK May Industrial Production MoM on 2025-07-11. The reported figure stands at -0.9%, against a forecast of 0%, with the prior figure recorded as -0.60%.

Regarding the UK May Industrial Production MoM, Actual value > Forecast value = Bullish for the Pound, Industrial output refers to the various products produced through industrial processes and includes two components: one part satisfies people's living needs, such as food, clothing, televisions, refrigerators, etc., while the other part is used to meet production needs, such as steel, machinery, fertilizers, pesticides, etc. Industrial output is often considered a key indicator of the level of activity in the manufacturing sector. Good data can 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 changes of products produced by manufacturers, miners, and utility companies, with monthly and annual rate data published, and updates monthly. The next release is set for 2025-08-14 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.

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