Industry in United Kingdom

United Kingdom Industry | Economic News & Forecasts

United Kingdom - Industry

Industrial production increases marginally in July

Industrial production rose 0.1% in July over the prior month according to the Office for National Statistics, contrasting June’s 0.1% decreaseincrease and driven by growth in the manufacturing and water supply sectors. Industrial production fell 0.9% in annual terms in July, coming after June’s 0.6% contraction.

July’s reading marked a fairly tame start to the third quarter, although momentum could build temporarily in coming months due to a build-up of inventories ahead of the end-October Brexit deadline. However, a less favorable external backdrop will likely weigh on activity somewhat.

FocusEconomics Consensus Forecast panelists project that industrial production will increase 0.3% in 2019 and 0.3% again in 2020.

United Kingdom - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)-0.7  1.5  1.2  1.0  1.8  

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United Kingdom Industry Chart

United Kingdom Industry
Note: Annual variation of industrial production in %.
Source: Office for National Statistics (ONS) and FocusEconomics calculations.

United Kingdom Facts

Bond Yield0.43-3.04 %Sep 04
Exchange Rate1.23-0.35 %Sep 04
Stock Market7,311-0.26 %Sep 04

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