Nov GDP Boosted By "Black Friday"; Mfg In...>

UK DATA: Nov GDP Boosted By "Black Friday"; Mfg Remains In The Doldrums     

-UK Nov GDP +0.2% m/m; +1.4% y/y; +0.3% 3m/3m; +1.5% 3m y/y

-UK Nov Index of Services +0.3% m/m; +1.9% y/y

-UK Nov Index of Production -0.4% m/m; -1.5% y/y

-UK Nov Manufacturing -0.3% m/m; -1.1% y/y

-UK Nov Construction +0.6% m/m; +3.0% y/y

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November GDP growth of 0.2% m/m means a fall of 0.6% in December would 

leave Q4 GDP rate unchanged, assuming no revisions. Strength in the 

November reading appeared to stem from a "Black Friday" boost to 

services, with growth of 0.3%, its strongest since July. Further 

assistance came from the construction sector, posting 0.6% growth in 

November. Manufacturing output declined for a fifth consecutive month, 

which last happened in February 2009.