May Car Manufacturing Lifts GDP.............>

UK DATA: May Car Manufacturing Lifts GDP 

- UK May manufacturing +1.4% m/m; adds 0.14pp to GDP growth

- UK May manufacturing +0.1% 3m/3m vs +1.1% in April

- UK May IoP +1.4% m/m vs -2.9% in April

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A rebound in motor vehicle production lifted GDP in April, with car 

output surging 24%, reversing a similar-sized plunge in April -- both 

the biggest on record. However, total manufacturing output was revised 

lower in April, recorded a 4.2% monthly fall, compared to the 

orginally-reported 3.9% decline, the biggest decline since June 2002. 

Manufacturing output rose by just 0.1% in the three months to May, the 

weakest performance since December of last year.