UK Manufacturing Production eased down by 0.1 percent month-over-month in September, following a downwardly revised 0.30 percent increase in August. Main downward pressure came from manufacturing of coke and refined petroleum products (-5.7 percent vs 1.0 percent in August); transport equipment (-5.1 percent vs 3.5 percent), with the output in this sector still 28.6% below its February 2020 level; and manufacture of computer, electronic, and optical products (-2.4 percent vs 0.1 percent). Meanwhile, output levels bounced back for basic pharmaceutical products and pharmaceutical preparations (3.8 percent vs -2.7 percent); and for basic metals and products thereof (2.4 percent vs -0.2 percent). source: Office for National Statistics
Manufacturing Production MoM in the United Kingdom averaged 0.12 Percent from 1968 until 2021, reaching an all time high of 13.10 Percent in June of 2020 and a record low of -25.80 Percent in April of 2020. This page includes a chart with historical data for the United Kingdom Manufacturing Production MoM. United Kingdom Manufacturing Production MoM - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.
Manufacturing Production MoM in the United Kingdom is expected to be 0.50 Percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Manufacturing Production MoM is projected to trend around 0.40 Percent in 2022 and 0.30 Percent in 2023, according to our econometric models.