Industrial production in the United Kingdom slumped 1.2 percent month-over-month in November of 2019, following an upwardly revised 0.4 percent rise in October and compared to market expectations of a 0.1 percent fall. it is the biggest fall in industrial output since April 2019. Manufacturing dropped 1.7 percent and made the biggest downward contribution, mainly due to transport equipment (-3.4 percent), chemicals and chemical products (-4.7 percent) and food, beverages and tobacco (-1.8 percent). Water supply, sewerage and waste management also declined (-0.3 percent), while mining and quarrying (1.3 percent) and oil and gas extraction (1.7 percent) rebounded. Electricity, gas, steam and air conditioning edged up 0.1 percent. Industrial Production Mom in the United Kingdom averaged 0.08 percent from 1968 until 2019, 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. source: Office for National Statistics

Industrial Production Mom in the United Kingdom is expected to be 0.20 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 2020, according to our econometric models.

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United Kingdom Industrial Production MoM

Actual Previous Highest Lowest Dates Unit Frequency
-1.20 0.40 9.70 -7.80 1968 - 2019 percent Monthly
Constant Prices 2016=100, SA



Calendar GMT Actual Previous Consensus TEForecast
2019-10-10 08:30 AM Aug -0.6% 0.1% -0.1% -0.2%
2019-11-11 09:30 AM Sep -0.3% -0.7% -0.2% -0.3%
2019-12-10 09:30 AM Oct 0.1% -0.3% 0.2% 0.1%
2020-01-13 09:30 AM Nov -1.2% 0.4% -0.1% -0.2%
2020-02-11 09:30 AM Dec -1.2% -0.4%


News Stream
2019-12-10
UK Industrial Output Rises Less than Expected
Industrial production in the United Kingdom edged up 0.1% month-over-month in October of 2019, following a 0.3% gain in the previous month and below market expectations of a 0.2% increase. Electricity and gas provided the largest upward contribution (2.4% vs -0.5% in September), followed by manufacturing (0.2% vs -0.4%). These were partially offset by downward contributions from mining and quarrying (-4.2% vs +1.8%), oil and gas extraction (-5.4% vs +2.2%) and water and waste (-1.2% vs +0.1%). Year-on-year, industrial output dropped 1.3%, following a 1.4% decline in the previous month and higher than market expectations of a 1.2% fall.

2019-11-11
UK Industrial Output Falls More than Expected
Industrial production in the United Kingdom declined 0.3 percent month-over-month in September of 2019, following an upwardly revised 0.7 percent drop in August and worse than market expectations of a 0.2 percent fall. Manufacturing provided the largest downward contribution (-0.4 percent), mainly due to a 5.1 percent slump in basic pharmaceutical products. Electricity and gas (-0.5 percent) also made a downward contribution to industrial output while mining and quarrying (1.8 percent) and water and waste (0.1 percent) increased. Considering the three months to September, industrial production was flat and manufacturing output was also flat with falls in mining and quarrying (1.7 percent) and electricity and gas (0.7 percent), offset by a rise in water and waste (1.2 percent).

2019-10-10
UK Industrial Output Falls More than Expected
Industrial production in the UK fell 0.6 percent from a month earlier in August 2019, after a 0.1 percent gain in the previous month and compared with market expectations of a 0.1 percent decline. Manufacturing output dropped (-0.7 percent from 0.3 percent in July), led by basic pharmaceutical products (-4.7 percent from 4.1 percent); coke & refined petroleum products (-5.7 percent from 2.4 percent); textiles, wearing apparel & leather products (-1.7 percent from 0.8 percent); computer, electronic and optical products (-1.8 percent from 1 percent); and basic metals & metal products (-0.8 percent from 1.1 percent). Meanwhile, production went down at a softer pace for electricity, gas, steam & air conditioning (-0.7 percent from -1.4 percent) and mining and quarrying (-1 percent from -1.2 percent). On a yearly basis, industrial output declined 1.8 percent, following an upwardly revised 1.1 percent fall in the prior month.

2019-09-09
UK Industrial Output Rebounds in July
Industrial production in the UK went up 0.1 percent from a month earlier in July of 2019, following a 0.1 percent fall in the previous month and compared with market expectations of a 0.1 percent decline. Output rebounded for manufacturing (0.3 percent vs -0.2 percent in June), particularly coke & refined petroleum products (4 percent vs -4.4 percent); basic metals & metal products (1.1 percent vs -2.8 percent); computer, electronic and optical products (2 percent vs -3.5 percent); food, beverages & tobacco (0.8 percent vs -1.1 percent) and other manufacturing & repair (0.8 percent vs -1.9 percent). Also, production rose faster for water supply (1.1 percent vs 0.3 percent). On the other hand, production fell for mining & quarrying (-1.2 percent vs 0.1 percent) and electricity, gas, steam & air conditioning (-1.4 percent vs 0.3 percent). On a yearly basis, industrial output fell 0.9 percent, higher than a 0.6 percent decrease in June but less than market forecasts of a 1.1 percent drop.

2019-08-09
UK Industrial Output Falls Less than Expected
Industrial production in the UK edged down 0.1 percent from a month earlier in June of 2019, after a downwardly revised 1.2 percent rise in the previous month and slightly less than market expectations of a 0.2 percent drop. Output fell for manufacturing (-0.2 percent from 1.4 percent in May), namely coke & refined petroleum products (-4.4 percent); chemicals & chemical products (-0.1 percent); basic metals & metal products (-2.8 percent); computer, electronic & optical products (-3.5 percent) and other manufacturing (-1.9 percent). In addition, production slowed for electricity, gas, steam & air conditioning (0.3 percent from 0.8 percent); water supply (0.3 percent from 1.2 percent) and mining & quarrying (0.1 percent from 0.5 percent). On a yearly basis, industrial output decreased 0.6 percent, down from a downwardly revised 0.5 percent gain in May.

2019-07-10
UK Industrial Output Rebounds in May
Industrial production in the UK increased 1.4 percent from a month earlier in May of 2019, recovering from an upwardly revised 2.9 percent drop in the previous month and slightly below market expectations of a 1.5 percent gain. Manufacturing output rose 1.4 percent, rebounding from a 4.2 percent slump in the prior month, mainly due to coke & refined petroleum products (2.1 percent from -3.6 percent); chemicals & chemical products (1.4 percent from -6.7 percent) basic metals & metal products (2.6 percent from -4.1 percent); computer, electronic & optical products (2.8 percent from -0.9 percent) and transport equipment (12.4 percent from -13.8 percent). Also, mining & quarrying output edged up 0.4 percent (from -2.8 percent) and production continued to increase for electricity, gas, steam & air conditioning (2.1 percent from 3.7 percent) and water supply (0.9 percent from 0.3 percent). On a yearly basis, industrial output went up 0.9 percent, up from a 1.1 percent fall in April.


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.

United Kingdom Business Last Previous Highest Lowest Unit
Business Confidence -44.00 -32.00 55.00 -75.00 points [+]
Manufacturing PMI 47.50 48.90 61.50 34.40 points [+]
Services PMI 50.00 49.30 62.50 40.10 points [+]
Industrial Production -1.60 -0.60 22.60 -12.00 percent [+]
Industrial Production Mom -1.20 0.40 9.70 -7.80 percent [+]
Manufacturing Production -2.00 -0.30 19.60 -16.90 percent [+]
Capacity Utilization 81.50 79.00 85.20 38.00 percent [+]
New Orders 10875.00 10922.00 25109.00 9381.00 GBP Million [+]
Factory Orders -28.00 -26.00 21.00 -79.00 Net Balance [+]
Changes in Inventories -8400.00 360.00 11359.00 -9083.00 GBP Million [+]
Bankruptcies 4355.00 4338.00 6924.00 924.00 Companies [+]
Corporate Profits 114104.00 111745.00 115312.00 1024.00 GBP Million [+]
Zew Economic Sentiment Index -38.30 -47.20 61.00 -80.60 [+]
Car Production 107753.00 134752.00 185157.00 43773.00 Units [+]
Car Registrations 148997.00 156621.00 562337.00 33051.00 [+]
Small Business Sentiment -34.00 -24.00 40.00 -69.00 [+]
Internet Speed 16920.86 16337.23 16920.86 3085.89 KBps [+]
IP Addresses 27493519.00 26782989.00 27493519.00 13305856.00 IP [+]
Mining Production -2.50 -6.80 855.60 -90.50 percent [+]
Leading Economic Index 0.10 0.20 2.00 -2.00 percent [+]
Private Investment 0.00 0.10 51.50 -11.40 percent [+]
Steel Production 550.00 621.00 2848.00 131.00 Thousand Tonnes [+]
Competitiveness Index 81.20 81.99 82.11 5.18 Points [+]
Competitiveness Rank 9.00 8.00 13.00 2.00 [+]
Composite Pmi 49.30 49.30 61.80 47.60 points [+]
Crude Oil Rigs 10.00 13.00 32.00 3.00 [+]
Ease of Doing Business 8.00 9.00 11.00 5.00 [+]
Electricity Production 24869.00 24791.00 38520.00 16152.00 Gigawatt-hour [+]
Corruption Index 80.00 82.00 87.00 74.00 Points [+]
Corruption Rank 11.00 8.00 20.00 8.00 [+]