United Kingdom Industry December 2016

United Kingdom

United Kingdom: Industrial production rises in December

February 10, 2017

Industrial production increased 1.1% in December over the previous month, below the 2.0% rise recorded in November (previously reported: +2.1% month-on-month). The uptick was driven by an expansion in the manufacturing sector, with pharmaceuticals, which can be highly volatile, leading the way. In contrast, the water supply, sewerage and waste management sector was flat month-on-month, while the mining and quarrying and the electricity, gas and air conditioning sectors contracted, with the latter likely due to higher temperatures in December.

Industrial production increased 4.3% over the same month of the previous year in December, up from November’s 2.2% rise and marking the largest increase since January 2011. Annual average growth in industrial production picked up from 0.8% in November to 1.2% in December.

FocusEconomics Consensus Forecast panelists project that industrial production will increase 1.1% in 2017, which is up 0.1 percentage points from the previous month’s forecast. For 2018, the panel expects industrial production to increase 0.2%.


Author:, Economist

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United Kingdom Industry Chart


United Kingdom Industry December 2016

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


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