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Highlight for UK comes at 0930GMT........>

LOOK AHEAD
LOOK AHEAD: Highlight for UK comes at 0930GMT today, with industrial,
manufacturing production and trade balance figures for December.
MNI's Data Analysis team have highlighted the possibility of a 15-20% m/m drop
in mining & quarrying output given the accompanying assumptions for the sector
in the ONS' Q4 GDP report. This drop in output will have been almost entirely
due to the closure of the Forties pipeline in December, responsible for
transporting 40% of UK oil.
Other factors to look out for include:
-Snow, wind and storms to have had a negative impact on construction.
-Dismal car production to drag further on manufacturing output.
-Trade balance to have had a positive impact on Q4 GDP.
-Despite recent volatility, these short-term indicators should still point to
robust growth.
Industrial Production expected at -0.9% m/m, +0.3% y/y
Manufacturing Production expected at +0.3% m/m, +1.2% y/y
See MNI 5 Things To Look For... on MainWire 1706GMT for full details.

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