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Industrial Production Preview - 09:30GMT....>

UK DATA
UK DATA: Industrial Production Preview - 09:30GMT
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Market expects further trend deterioration in Jan
Bloomberg Consensus 0.2% m/m; -1.3% y/y for Jan
(Dec -0.5% m/m, -0.9% y/y)
This would represent weakest y/y reading since 2013
IP y/y has been in a downtrend since 2017 peak...
...Surprising negatively for the last 4-months
Recent weakness was driven by manufacturing production

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