Industrial production in the UK fell by 1.1%
Statistics from the UK continues to disappoint investors. So, today was published important data on industrial production the volume of which fell by 1.1% in December against an expected decline of just 0.1%. The volume of production in the manufacturing industry decreased by 0.2%. Analysts do not predict changes. The fall in the oil and gas sector continues to have a negative impact on macroeconomic statistics in the country. We forecast a drop in the price of the British pound in the medium term with a target at 1.4000.
More detailed analytics you can see at our site https://fxfinpro.com/en/analytics