Industry in United Kingdom

United Kingdom Industry | Economic News & Forecasts

United Kingdom - Industry

Industrial production growth slows in August

Industrial production increased 0.2% in August over the prior month according to the Office for National Statistics, down from July’s revised 0.4% rise (previously reported: +0.1% month-on-month). August’s figure was driven by expansion in the mining and quarrying; electricity, gas, steam and air conditioning; and water supply sectors, while the manufacturing sector contracted.

Industrial production increased 1.3% in annual terms in August, up from July’s revised 1.0% figure (previously reported: +0.9% yoy). Annual average growth in industrial production was unchanged at 1.7% in August.

UK Industrial Production Forecast

FocusEconomics Consensus Forecast panelists project that industrial production will increase 1.3% in 2018 and 1.0% in 2019.

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 Yield1.42-3.04 %Oct 18
Exchange Rate1.30-0.35 %Oct 18
Stock Market7,027-0.26 %Oct 18

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