Industrial production in the United Kingdom fell 1.8 percent year-on-year in December of 2019, following an upwardly revised 2.5 percent drop in November and worse than market expectations of a 0.8 percent decrease. It marks the 9th straight month of annual declines in industrial output. Considering full 2019, production shrank 1.3 percent, the largest annual fall since 2012, led by a 1.5 percent contraction in manufacturing. United Kingdom Industrial Production - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Industrial Production in the United Kingdom averaged 0.86 percent from 1969 until 2019, reaching an all time high of 22.60 percent in February of 1973 and a record low of -12 percent in December of 1980. This page provides the latest reported value for - United Kingdom Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Office for National Statistics

Industrial Production in the United Kingdom is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in the United Kingdom to stand at 1.60 in 12 months time. In the long-term, the United Kingdom Industrial Production is projected to trend around 1.70 percent in 2021, according to our econometric models.

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United Kingdom Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-1.80 -2.50 22.60 -12.00 1969 - 2019 percent Monthly
Constant Prices 2016=100, SA

Calendar GMT Actual Previous Consensus TEForecast
2019-11-11 09:30 AM Sep -1.4% -1.8% -1.3% -1.6%
2019-12-10 09:30 AM Oct -1.3% -1.4% -1.2% -1.3%
2020-01-13 09:30 AM Nov -1.6% -0.6% -1.4% -1.4%
2020-02-11 09:30 AM Dec -1.8% -2.5% -0.8% -1%
2020-03-11 09:30 AM Jan -1.8% -0.7%
2020-04-09 08:30 AM Feb
2020-05-12 08:30 AM Mar 1.5%
2020-06-10 08:30 AM Apr

United Kingdom Industrial Production
In the United Kingdom, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 70 percent of total production. The biggest segments within Manufacturing are: Food, drink and tobacco (11 percent of total production); transport equipment (9 percent); basic metals (8 percent); other manufacturing and repair (6 percent); pharmaceutical products and preparations (6 percent); and rubber and plastic products and non-metallic mineral products (6 percent). Mining and quarrying account for 12 percent of production, as oil and gas extraction accounts for 10 percent. Electricity, gas, steam and air conditioning account for 11 percent of total output and water supply, sewerage and waste management account for 8 percent.