United Kingdom Industrial Production y/y

Country:
United Kingdom
GBP, Pound sterling
Sector:
Business
Low -1.2% -0.1%
-1.4%
Last release Importance Actual Forecast
Previous
-0.3%
-1.2%
Next release Actual Forecast
Previous
  • Overview
  • Chart
  • History
  • Widget

Index of Production y/y reflects a change in the real volume of UK manufacturers' production in the given month compared to the same month of the previous year. The index calculation includes all production industries: manufacturing, mining and processing of minerals, energy production, water resources management and waste management.

The index estimates are based mainly on data provided by approximately 6,000 businesses through the Monthly Business Survey (MBS). Data on production in the mining, quarrying and energy supply industries (coke and refined petroleum) are provided by administrative sources, for example the Department for Business, Energy and Industrial Strategy (BEIS). All figures are seasonally adjusted.

The index is calculated relative to the base period currently set to 2013. The index benchmark in 2013 is set to 100.

The index of production is an important economic indicator and one of short-term indicators of UK economy development. It is used in GDP calculation. The relative weight of the production sector in national GDP is 14%. The Bank of England, the Treasury and the Cabinet use the indicator when developing monetary and fiscal policies, forecasting medium-term economic development and consumer activity. The indicator is used for the analysis of economic variables in the production sector.

The growth in the Index of Production can have a favorable impact on the pound sterling quotes.

Last values:

actual data

forecast

The chart of the entire available history of the "United Kingdom Industrial Production y/y" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
Jul 2024
-1.2%
-0.1%
-1.4%
Jun 2024
-1.4%
0.3%
0.4%
May 2024
0.4%
-0.7%
Apr 2024
-0.4%
0.5%
Mar 2024
0.5%
1.4%
Feb 2024
1.4%
-0.4%
0.3%
Jan 2024
0.5%
0.1%
0.6%
Dec 2023
0.6%
0.6%
0.1%
Nov 2023
-0.1%
1.6%
-0.5%
Oct 2023
0.4%
1.4%
1.5%
Sep 2023
1.5%
0.9%
1.5%
Aug 2023
1.3%
0.5%
1.0%
Jul 2023
0.4%
-0.8%
0.7%
Jun 2023
0.7%
-2.1%
-2.1%
May 2023
-2.3%
-2.0%
-1.6%
Apr 2023
-1.9%
-2.6%
-2.0%
Mar 2023
-2.0%
-3.7%
-2.7%
Feb 2023
-3.1%
-4.2%
-3.2%
Jan 2023
-4.3%
-4.6%
-4.0%
Dec 2022
-4.0%
-3.8%
-4.3%
Nov 2022
-5.1%
-2.8%
-4.7%
Oct 2022
-2.4%
-4.2%
-3.1%
Sep 2022
-3.1%
-2.1%
-4.3%
Aug 2022
-5.2%
1.8%
-3.2%
Jul 2022
1.1%
1.9%
2.4%
Jun 2022
2.4%
1.1%
1.8%
May 2022
1.4%
0.7%
1.6%
Apr 2022
0.7%
1.2%
0.7%
Mar 2022
0.7%
2.0%
2.1%
Feb 2022
1.6%
1.4%
3.0%
Jan 2022
2.3%
0.2%
0.4%
Dec 2021
0.4%
0.7%
-0.2%
Nov 2021
0.1%
2.2%
0.2%
Oct 2021
1.4%
3.3%
2.9%
Sep 2021
2.9%
3.8%
4.0%
Aug 2021
3.7%
-6.0%
4.4%
Jul 2021
3.8%
4.4%
8.3%
Jun 2021
8.3%
26.0%
20.7%
May 2021
20.6%
20.2%
27.2%
Apr 2021
27.5%
0.1%
3.6%
Mar 2021
3.6%
-4.2%
-3.5%
Feb 2021
-3.5%
-4.1%
-4.3%
Jan 2021
-4.9%
-4.0%
-3.3%
Dec 2020
-3.3%
-5.1%
-3.9%
Nov 2020
-4.7%
-5.9%
-5.8%
Oct 2020
-5.5%
-6.4%
-6.3%
Sep 2020
-6.3%
-7.2%
-6.4%
Aug 2020
-6.4%
-10.3%
-7.4%
Jul 2020
-7.8%
-16.9%
-12.5%
Jun 2020
-12.5%
-17.4%
-20.0%

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