Industrial production in the UK fell 0.5% month-over-month in September 2024, defying market expectations of 0.1% rise and following a 0.5% gain in the previous month. Output tumbled for manufacturing (-1% vs 1.3% in August), electricity, gas, steam and air-conditioning supply (-1.9% vs 0.9%), and water supply, sewerage and waste management (-0.7% vs 1.1%). In contrast, output rebounded for mining and quarrying (3.7% vs -5.3%). On a yearly basis, industrial production dropped 1.8% in September 2024, slipping further from an upwardly revised 1.7% fall in the previous month. source: Office for National Statistics
Industrial Production in the United Kingdom decreased 0.50 percent in September of 2024 over the previous month. Industrial Production Mom in the United Kingdom averaged 0.14 percent from 1950 until 2024, reaching an all time high of 10.60 percent in June of 2020 and a record low of -15.30 percent in April of 2020. 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. United Kingdom Industrial Production MoM - data, historical chart, forecasts and calendar of releases - was last updated on November of 2024.
Industrial Production in the United Kingdom decreased 0.50 percent in September of 2024 over the previous month. Industrial Production Mom in the United Kingdom is expected to be 0.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Industrial Production MoM is projected to trend around 0.20 percent in 2025 and 0.10 percent in 2026, according to our econometric models.