UK industrial production beats expectations in July

UK industrial production rose 0.2% M/M in July (est -0.2%; prev -0.2%). Y/Y industrial production was 0.6% (est 0.2%; prev -0.2%). Manufacturing output increased 0.9% M/M (est 0.2%; prev -0.5%) and 2.6% Y/Y (est 2.1%; prev 0.5%).