Industry in United Kingdom

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United Kingdom - Industry

Industrial production growth slows in July

Industrial production increased 0.1% in July over the prior month according to the Office for National Statistics, down from the 0.4% rise in June. The weaker result was due to contractions in the manufacturing and water supply sectors. Supporting growth, however, were expansions in the mining and quarrying, and electricity and gas sectors.

Industrial production increased 0.9% in annual terms in July, down from 1.1% in June. Annual average growth in industrial production slowed to 2.0% in July, less than 2.1% in June.

Met the why particular Consensus Forecast panelists project that industrial production will increase 1.4% in 2018, which is down 0.1 percentage points from last month’s forecast, and 1.1% in 2019.

United Kingdom - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)-0.7  1.5  1.2  1.3  1.9  

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United Kingdom Industry Chart

United Kingdom Industry
Note: Annual variation of industrial production in %.
Source: Office for National Statistics (ONS) and Met the why particular calculations.

United Kingdom Facts

Bond Yield1.45-3.04 %Sep 20
Exchange Rate1.33-0.35 %Sep 20
Stock Market7,367-0.26 %Sep 20

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