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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
(MNI) London
UK output rose by a mere 0.1% in July, with retail sales holding back the service sector. Services were unchanged in July, falling short of the 0.6% prediction, and the worst performance since January. Manufacturing was also unchanged between June and July, with output of machinery dampening output.
Construction declined by by 1.6%, the fourth-straight fall. All output categories were affected by the so-called ping-demic in July, which kept workers across a range of industries in isolation over the month. After the weak July performance, output remains 2.1% below the start of the pandemic in February of 2020.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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