U.K. car manufacturing had its worse February in 13 years as the industry continued to suffer from the global chip shortage and the loss of a major plant last Summer, an industry body said Friday as it warned that the war in the Ukraine will hurt the sector further.

The Society of Motor Manufacturers and Traders said that a total of 61,657 cars drove off production lines in February, compared with 105,008 in February 2021, and 59,777 in for the same month in 2009.


U.K. Consumer Confidence Falls as Ukraine War, Inflation Dampen Mood

Consumer confidence in the U.K. declined for the fourth consecutive month as the cost-of-living crisis and uncertainty stemming from the war in Ukraine hit households' mood.

The consumer-confidence barometer compiled by research firm GfK fell to minus 31 in March from minus 26 in February, the lowest level since November 2020, when the country was dealing with a surge in Covid-19 cases.


Write to paul.larkins@dowjones.com


Expected Major Events for Friday

00:01/UK: Mar UK Consumer Confidence Survey

00:01/UK: Feb UK monthly automotive manufacturing figures

05:30/NED: 4Q GDP - 2nd estimate

07:00/SWE: Feb PPI

07:00/DEN: Feb Retail Sales Index

07:00/UK: Feb UK monthly retail sales figures

08:00/SPN: Feb PPI

08:00/SPN: 4Q Final GDP

08:00/HUN: Feb Employment & unemployment

09:00/EU: Feb Monetary developments in the euro area (M3)

09:00/GER: Mar Ifo Business Climate Index

09:00/ITA: Mar Consumer Confidence Survey

09:00/ITA: Mar Business Confidence Survey

09:30/UK: Feb Capital issuance

10:00/ITA: Feb Foreign Trade non-EU

14:00/BEL: Mar Business Confidence Survey

16:59/SPN: 4Q Quarterly Balance of Payments

All times in GMT. Powered by Kantar Media and Dow Jones.

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This article is a text version of a Wall Street Journal newsletter published earlier today.


(END) Dow Jones Newswires

03-25-22 0127ET