U.K. July manufacturing output should rise again

The U.K. manufacturing data for July is expected to release on 9th September. The data fell by a total of 1% between March and May before recovering by a modest 0.2% in June. There was a significant weakening of the manufacturing PMI in the period immediately preceding that but it then stabilised at a level consistent with modestly positive output growth. 

"That helps to explain why a bounce in output occurred in June and why we expect a further increase of 0.2% mom in July", states Societe generale.