At 09:00 (GMT+2), the UK will publish January data on industrial production, an indicator that records changes in the volume of industrial goods and public services output in the country. The indicator takes into account the manufacturing and mining industries, as well as the power industry. On a monthly basis, growth is expected to accelerate from -0.9% to 0.3%, while on an annual basis the indicator is projected to increase from 0.5% to 0.6%. In the manufacturing sector, the indicator is likely to adjust from -0.5% to 0.3% MoM and from 0.5% to 1.2% YoY, potentially supporting the pound.
