Industrial Production in United Kingdom
The United Kingdom recorded an average industrial production growth rate of 0.9% in the decade to 2022, above the 0.7% average for Major Economies. In 2022, industrial production growth was -3.5%. For more industry information, visit our dedicated page.
United Kingdom Industry Chart
United Kingdom Industry Data
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Industrial Production (ann. var. %) | 1.7 | 2.3 | -3.9 | -3.4 | -0.4 |
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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Industrial output rose 1.9% year on year in June (May: +5.3% yoy). The result marked the worst reading since March...
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Lithuania: Industrial output falls at sharpest rate since December 2023 in June
Industrial production dropped 4.5% year on year in June (May: +5.0% yoy). The outturn marked the worst reading since December... -
Taiwan: Industrial output growth ebbs in June but remains in double digits
Industrial output expanded 13.2% in year-on-year terms in June, which was a deterioration from May’s 15.7% increase but still a... -
Belarus: Industrial output growth ebbs in June
Industrial production grew 7.1% year on year in June (May: +8.0% yoy). The reading was largely due to a deterioration... -
Euro Area: Industrial declines in May
Industrial production decreased 0.6% month-on-month in seasonally adjusted terms in May (April: 0.0% mom). Looking at the details of the... -
Romania: Industrial output contracts at sharpest rate in three years in May
Industrial output collapsed 6.2% month on month in calendar-adjusted seasonally adjusted terms in May (April: -1.8% mom). The result marked... -
Cyprus: Industrial output growth gains steam in May
Industrial output expanded 5.0% year on year in calendar-adjusted terms in May, which was above April’s 2.9% increase. May’s rise...