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British Monthly Industrial Production Falls 0.5% in May

MT Newswires·07/16/2026 02:13:44
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02:13 AM EDT, 07/16/2026 (MT Newswires) -- The UK's monthly industrial production declined 0.5% in May, after a revised 0.2% uptick in April, the Office for National Statistics said Thursday. Analysts expected a 0.1% drop for the month. On a yearly basis, UK industrial output was up 1%, against the revised zero growth earlier and the consensus estimate of a 1.2% gain.