Industrial production in the United Kingdom plunged 4.2% month-over-month in March of 2020, compared to market forecasts of a 5.6% drop. It is the biggest decline in industrial output since a record 7.8% drop in February of 1972, after the country imposed a lockdown from March 23rd due to the coronavirus, forcing many businesses to close. Manufacturing provided the largest downward contribution, falling by 4.6%; there were also falls from mining and quarrying (11.5%), electricity and gas (1.5%) and water and waste (0.5%). Considering Q1, industrial output decreased 2.1%, led by a 1.7% drop in manufacturing, mainly transport equipment.

Industrial Production Mom in the United Kingdom averaged 0.07 percent from 1968 until 2020, reaching an all time high of 9.70 percent in March of 1972 and a record low of -7.80 percent in February of 1972. This page provides the latest reported value for - United Kingdom Industrial Production MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Industrial Production MoM - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020. source: Office for National Statistics

Industrial Production Mom in the United Kingdom is expected to be -0.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production Mom in the United Kingdom to stand at 0.50 in 12 months time. In the long-term, the United Kingdom Industrial Production MoM is projected to trend around 0.40 percent in 2021, according to our econometric models.

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United Kingdom Industrial Production MoM

Actual Previous Highest Lowest Dates Unit Frequency
-4.20 -0.10 9.70 -7.80 1968 - 2020 percent Monthly
Constant Prices 2016=100, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-02-11 09:30 AM Dec 0.1% -1.1% 0.3% 0.4%
2020-03-11 09:30 AM Jan -0.1% 0.1% 0.3% 0.3%
2020-04-09 06:00 AM Feb 0.1% 0.2% 0.1% 0.2%
2020-05-13 06:00 AM Mar -4.2% -0.1% -5.6% -6.6%
2020-06-10 06:00 AM Apr -4.2%
2020-07-10 06:00 AM May
2020-08-10 06:00 AM Jun -0.6%
2020-09-10 06:00 AM Jul
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
UK Industrial Production Falls the Most since 1972
Industrial production in the United Kingdom plunged 4.2% month-over-month in March of 2020, compared to market forecasts of a 5.6% drop. It is the biggest decline in industrial output since a record 7.8% drop in February of 1972, after the country imposed a lockdown from March 23rd due to the coronavirus, forcing many businesses to close. Manufacturing provided the largest downward contribution, falling by 4.6%; there were also falls from mining and quarrying (11.5%), electricity and gas (1.5%) and water and waste (0.5%). Considering Q1, industrial output decreased 2.1%, led by a 1.7% drop in manufacturing, mainly transport equipment.
2020-05-13
UK Industrial Output Matches Forecasts
Industrial production in the United Kingdom edged up 0.1 percent month-over-month in February of 2020 after gaining a revised 0.2 percent in January and in line with market expectations. Manufacturing provided the largest upward contribution, rising by 0.5 percent, led by basic pharmaceutical products (3.5 percent). On the other hand, Declines were recorded for water and waste (-1.3 percent), electricity and gas (-0.8 percent), and mining and quarrying (-1 percent).
2020-04-09
UK Industrial Output Unexpectedly Falls in January
Industrial production in the United Kingdom fell 0.1 percent over a month earlier in January 2020, after rising 0.1 percent in December and missing market expectations of a 0.3 percent gain. The largest downward contribution came from electricity & gas supply, which dropped 4.2 percent, of which gas, distribution of gaseous fuels through mains and steam & aircon supply (-7.1 percent) and electric power generation, transmission and distribution (-3.3 percent). Meanwhile, output rose in manufacturing (0.2 percent), namely chemicals (2.2 percent) and pharmaceutical products (1.6 percent); water & waste (1 percent); and mining & quarrying (1.9 percent). Year-on-year, industrial output went down 2.9 percent, the largest decline since February 2013, following a 1.8 percent fall and compared with forecasts of a 2.6 percent decrease.
2020-03-11
UK Industrial Output Growth Disappoints in December
Industrial production in the United Kingdom edged up 0.1 percent month-over-month in December of 2019, following a downwardly revised 1.1 percent drop in November and below market expectations of a 0.3 percent gain. The largest upward contribution came from manufacturing, which rose 0.3 percent, boosted by a 3.2 percent jump in transport equipment. Yet, production in motor vehicles, trailers and semi-trailers industry surged 5 percent, following the strong impact from factory shutdowns during November. Water and waste also increased 1 percent. On the other hand, production in mining and quarrying fell 2.7 percent and the output for utility and gas went down 1.2 percent. Considering Q4, total production declined 0.8 percent compared with the previous quarter, led by a 1.1 percent drop in factory output. Considering full 2019, production shrank 1.3 percent, the largest annual fall since 2012, led by a 1.5 percent contraction in manufacturing.
2020-02-11

United Kingdom Industrial Production MoM
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.