United Kingdom Industrial Production MoM

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.

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).

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.

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.

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.

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.