Industrial production in the UK increased 0.5 percent month-over-month in September of 2020, following a 0.3 percent gain in August and compared to market expectations of a 0.8 percent rise. All sectors showed growth: manufacturing rose by 0.2 percent, led by manufacturing of transport equipment; electricity and gas by 0.4 percent; mining and quarrying by 1.3 percent; and water supply by 1.7 percent. Still, industrial production was 5.6 percent below February 2020, the previous month of "normal" trading conditions, prior to the coronavirus pandemic. source: Office for National Statistics
Industrial Production Mom in the United Kingdom averaged 0.07 percent from 1968 until 2020, reaching an all time high of 9.80 percent in March of 1972 and a record low of -19.60 percent in April of 2020. 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 December of 2020.
Industrial Production Mom in the United Kingdom is expected to be 2.50 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 0.60 in 12 months time. In the long-term, the United Kingdom Industrial Production MoM is projected to trend around 1.00 percent in 2021 and 0.40 percent in 2022, according to our econometric models.