The UK economy showed mixed signals in recent data releases. The UK GDP estimate for July rose by 0.4% month-over-month, surpassing the forecast of 0.2% and recovering from a previous contraction of 0.1%. Industrial production in the UK increased by 0.2% year-over-year, beating expectations of a 0.2% decline, while manufacturing production remained flat year-over-year but grew 0.5% month-over-month, slightly above the forecast of 0.4%. However, UK house prices, as measured by Rightmove, fell by 1.3% month-over-month in August, a slightly larger decline than the previous 1.2% drop, though prices were up 0.3% year-over-year, improving from 0.1% previously. In the United States, initial jobless claims were reported at 224,000, marginally better than the forecast of 225,000 and the prior week's 226,000. U.S. industrial production decreased by 0.1% in July following a revised 0.4% increase in June, with mining and utilities output falling by 0.4% and 0.2%, respectively, while manufacturing output remained unchanged. The U.S. producer price index for final demand rose 0.9% in July, contributing to a 3.3% increase over the 12 months ending in July, indicating rising wholesale costs for goods and services.