Latest reading: Industrial output rose 4.0% in year-on-year terms in May, which was above April’s 1.9% increase. The figure marked...
Industrial Production in United Kingdom
The British economy recorded an average industrial production growth rate of 0.6% in the decade to 2024. In 2024, industrial production growth was -1.2%. For more industry information, visit our dedicated page.
United Kingdom Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for United Kingdom from 2014 to 2024.
Source: Macrobond.
United Kingdom Industry Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | 2.9 | -0.7 | -6.4 | -0.8 | -1.2 |
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects British industry projections for the next ten years from a panel of 11 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for British industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our British industry projections.
Want to get access to the full dataset of British industry forecasts? Send an email to info@focus-economics.com.
Latest Global Industrial production News
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Latvia: Industrial output growth reaches three-year high in May -
Estonia: Industrial output dips in May Latest reading: Industrial production decreased 1.5% year on year in seasonally and calendar-adjusted terms in May (April: +1.9% yoy). May’s... -
Portugal: Industrial output growth improves in May Latest reading: Industrial output rose 1.9% in month-on-month seasonally adjusted terms in May, which was above April’s 1.3% increase. May’s... -
Croatia: Industrial output growth eases to six-month low in May Latest reading: Industrial output expanded 1.8% year on year in working-day adjusted terms in May (April: +6.5% yoy). The outturn... -
Thailand: Manufacturing activity growth stable in May Latest reading: Manufacturing output grew 1.9% compared to the same month a year earlier in May, matching April’s increase. Looking... -
India: Industrial sector continues to decelerate in May Latest reading: Industrial output increased 1.2% year on year in May (April: +2.6% yoy). The result marked the worst reading... -
Russia: Industrial output growth rises but remains mild in May Latest reading: Industrial production rose 1.8% year on year in May, improving from April’s 1.5% expansion but continuing to undershoot...