Industrial output, retail data add to U.K.'s growth picture.

U.K. industrial production and retail-sales data have added to the positive picture of the U.K. economy, which grew 0.6% in Q2. Output expanded 1.1% on month in June and comfortably topped consensus of +0.7%, boosted by a 1.9% increase in manufacturing. Comparable retail sales rose 2.2% on year in July and also topped forecasts. Today's figures add to strong PMI readings for last month.