Industry in United Kingdom

United Kingdom Industry | Economic News & Forecasts

United Kingdom - Industry

Industrial production contracts in October

Industrial production decreased 0.6% in October over the prior month according to the Office for National Statistics, down from September’s flat reading. October’s figure was driven by contractions in the manufacturing; electricity, gas, steam and air conditioning; and water supply sectors, while the mining and quarrying sector expanded.

Industrial production fell 0.8% in annual terms in October, down from September’s flat reading. Annual average growth in industrial production declined from 1.4% in September to 1.0% in October.

FocusEconomics Consensus Forecast panelists project that industrial production will increase 1.1% in 2019 and 1.0% in 2020.

United Kingdom - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)-0.7  1.5  1.2  1.3  1.9  

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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 Yield1.20-3.04 %Dec 11
Exchange Rate1.25-0.35 %Dec 11
Stock Market6,807-0.26 %Dec 11

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