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United Kingdom Industry January 2019

United Kingdom: Industrial production contracts for fifth straight month in January

Industrial production rose 0.6% in January over the prior month according to the Office for National Statistics, contrasting December’s 0.5% decline. January’s figure was driven by expansions in the manufacturing; mining and quarrying; and electricity, gas, steam and air conditioning subsectors, while the water supply subsector contracted over the previous month.

Industrial production fell 0.9% in annual terms in January, matching December’s figure. Annual average growth in industrial production declined from 0.7% in December to 0.5% in January.

UK Industrial Production Forecast

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