UK Manufacturing Rises in June

Manufacturing output surged in June at the strongest pace since the end of 2010, according to figures from the Office for National Statistics (ONS).

Manufacturing output rose 1.9% month-on-month in June, following declines in both May and April.

This growth came at more than twice the rate expected by analysts.

The latest upbeat news follows a stream of recent economic data that has indicated an improvement in the UK economy.

via BBC

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza