The wedding between William and Kate weighed on industrial production: -1,7% in April

Together with the data on unemployment and confidence, the royal wedding dates will no longer be missing from the economic agenda. In Great Britain, industrial production in April marked the steepest decline since January 2009 (-1,7 percent compared to March) due to the impact of the earthquake in Japan but also from the holidays for the wedding of William and Kate. A royal wedding effect that surprised even the economists polled by Bloomberg who were expecting a -0,1%. On an annual basis, the decline was 1,2% against a consensus of analysts of +1,3%. The output of the manufacturing sector, on the other hand, recorded a cyclical contraction (-1,5%), but a tendential increase (1,2).