UK manufacturing production dropped 0.1% in December, below estimates of 0.4% and the prior 0.4%, while the annual reading came in at 4.4%, lower than forecasts of 5.4% and compared with the prior of 5.6% which was revised to 5.1%.

Industrial production for the same month reached 0.5%, in line with estimates while the initial reading of 0.4% was revised up to 0.6%. The year on year reading rose to 3.6% from the prior of 3.3%, which was revised to 3.2%, yet lower than forecasts of 3.7%.