United Kingdom Industry February 2018

United Kingdom

United Kingdom: Industrial production ekes out tepid expansion in February

April 11, 2018

Industrial production rose 0.1% in February over the prior month according to the Office for National Statistics, down from January’s 1.3% increase and slightly undershooting analysts’ expectations. The result was driven by growth in the electricity, gas, steam and air conditioning and water supply, sewerage and waste management sub-sectors, which was partially offset by contractions in the mining and quarrying and manufacturing sub-sectors.

Industrial production increased 2.2% year-on-year in February, up from January’s 1.2% rise (previously reported: +1.6% yoy). Annual average growth in industrial production dipped from 1.7% in January to 1.6% in February.

FocusEconomics Consensus Forecast panelists project that industrial production will increase 1.7% in 2018 and 1.0% in 2019.


Author:, Economist

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UnitedKingdom Industry February 2018

Note: Month-on-month seasonally adjusted and year-on-year variation in %.
Source: Office for National Statistics (ONS).


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