UK's Society of Motor Manufacturers and Traders (SMMT):
number of cars produced in November fell 19.6 percent from a year earlier
- the biggest year-on-year drop in nine months
production for the year to date is down 8.2 percent at 1.44 million cars
- the biggest decline since the last recession in 2009.
"Output (was) seriously impacted by falling business and consumer confidence in the UK allied to weakening export markets," SMMT chief executive Mike Hawes said. "If the country falls off a cliff-edge next March the consequences would be devastating."
Data out at the same time from the UK a bit bleak also:
- UK data - consumer confidence to its lowest since July 2013
- UK data - Lloyds Bank monthly survey of business sentiment hits lowest since June 2016
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Through all this GBP is little changed, up a tic or two
