Investing.com – Manufacturing production in Britain rose faster than expected in March, official data showed on Tuesday, as the country was mired in post-election political turmoil.
In a report, Britain's Office for National Statistics said manufacturing production rose 2.3% month-on-month during March, after a rise of 1.4% in February, whose growth was revised up from 1.3%.
Economists had expected more modest growth in March of 0.3%.
Following the release of the report, sterling was up against the U.S. dollar, with GBP/USD gaining 0.14% to reach 1.4866.
In a report, Britain's Office for National Statistics said manufacturing production rose 2.3% month-on-month during March, after a rise of 1.4% in February, whose growth was revised up from 1.3%.
Economists had expected more modest growth in March of 0.3%.
Following the release of the report, sterling was up against the U.S. dollar, with GBP/USD gaining 0.14% to reach 1.4866.