Industrial Production in the United Kingdom decreased 0.10 percent in January of 2020 over the previous month. Industrial Production Mom in the United Kingdom averaged 0.07 percent from 1968 until 2020, reaching an all time high of 9.70 percent in March of 1972 and a record low of -7.80 percent in February of 1972. In the United Kingdom, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 70 percent of total production. The biggest segments within Manufacturing are: Food, drink and tobacco (11 percent of total production); transport equipment (9 percent); basic metals (8 percent); other manufacturing and repair (6 percent); pharmaceutical products and preparations (6 percent); and rubber and plastic products and non-metallic mineral products (6 percent). Mining and quarrying account for 12 percent of production, as oil and gas extraction accounts for 10 percent. Electricity, gas, steam and air conditioning account for 11 percent of total output and water supply, sewerage and waste management account for 8 percent. This page provides the latest reported value for – United Kingdom Industrial Production MoM – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Powered by WPeMatico