Industrial production in Britain hit 10-year record highs in May, reaching a 2,6% annual rate. This is the highest the rate has been since June 2000, despite being below the expected 3.1%. This marks a 0.7% month-on-month rise, following April’s 0.7% drop (revised from the initial -0.4%). The manufacturing sector also grew, 0.3% on a monthly basis and 4.3% year-on-year. .