Industry in United Kingdom

United Kingdom - Industry
Decline in industrial activity softens in March
Industrial output slid 0.2% month-on-month in seasonally-adjusted terms in March (February: -0.3% mom). March's smaller contraction was largely due to a rebound in mining and quarrying output, which partially offset declines in manufacturing and utilities output.
On an annual basis, factory output grew 0.7% in March, which was below February’s 2.1% expansion. Accordingly, the trend pointed down, with the annual average growth of industrial production coming in at 6.8%, down from February's 7.0%.
FocusEconomics Consensus Forecast panelists project that industrial production will increase 2.4% in 2022, which is down 0.2 percentage points from last month’s forecast, and 1.7% in 2023.
United Kingdom - Industry Data
2015 | 2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|---|
Industrial Production (annual variation in %) | 1.0 | 1.1 | 1.7 | 0.8 | -1.4 |
United Kingdom Industry Chart

Source: Office for National Statistics (ONS) and FocusEconomics calculations.
United Kingdom Facts
Value | Change | Date | |
---|---|---|---|
Bond Yield | 0.83 | -3.04 % | Jan 01 |
Exchange Rate | 1.33 | -0.35 % | Jan 01 |
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