Industrial production in the UK dropped by 0.9% from a month earlier in June of 2022, reversing from an upwardly revised 1.3% gain in the prior month and compared to market forecasts of a 1.3% fall. It marks the steepest decline in industrial activity since June 2021, due to a decrease in both mining & quarrying (-1.8% vs 1.1%) and manufacturing (-1.6% vs 1.7% in May), namely rubber and plastic products (-6.2%), basic metals (-3.1%) and chemical products (-5.5%). Meanwhile, output of electricity, gas, steam and air conditioning continued to grow (3.1% vs 0.6%), amid a rebound in water supply (0.5% vs -0.5%). Output remained below the February 2020 pre-coronavirus pandemic levels. source: Office for National Statistics

Industrial Production Mom in the United Kingdom averaged 0.12 percent from 1968 until 2022, reaching an all time high of 11.10 percent in June of 2020 and a record low of -20.80 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 August of 2022.

Industrial Production Mom in the United Kingdom is expected to be 0.80 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 0.50 percent in 2023 and 0.40 percent in 2024, according to our econometric models.

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United Kingdom Industrial Production MoM



Calendar GMT Actual Previous Consensus TEForecast
2022-07-13 06:00 AM May 0.9% -0.1% 0% 0.1%
2022-08-12 06:00 AM Jun -0.9% 1.3% -1.3% -1%
2022-09-12 06:00 AM Jul -0.9%


Related Last Previous Unit Reference
Industrial Production Mom -0.90 1.30 percent Jun 2022
Industrial Production 2.40 1.80 percent Jun 2022
Manufacturing Production 1.30 2.60 percent Jun 2022
New Orders 11617.00 12967.00 GBP Million Jun 2022
Changes in Inventories 16468.00 16086.00 GBP Million Jun 2022
Corporate Profits 134096.00 139210.00 GBP Million Jun 2022
Private Investment 3.80 -0.60 percent Jun 2022
Mining Production 25.40 13.50 percent Jun 2022
Leading Economic Index -0.10 0.30 percent Jun 2022

United Kingdom Industrial Production MoM
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.
Actual Previous Highest Lowest Dates Unit Frequency
-0.90 1.30 11.10 -20.80 1968 - 2022 percent Monthly
Constant Prices 2016=100, SA

News Stream
UK Industrial Output Falls the Most in a Year
Industrial production in the UK dropped by 0.9% from a month earlier in June of 2022, reversing from an upwardly revised 1.3% gain in the prior month and compared to market forecasts of a 1.3% fall. It marks the steepest decline in industrial activity since June 2021, due to a decrease in both mining & quarrying (-1.8% vs 1.1%) and manufacturing (-1.6% vs 1.7% in May), namely rubber and plastic products (-6.2%), basic metals (-3.1%) and chemical products (-5.5%). Meanwhile, output of electricity, gas, steam and air conditioning continued to grow (3.1% vs 0.6%), amid a rebound in water supply (0.5% vs -0.5%). Output remained below the February 2020 pre-coronavirus pandemic levels.
2022-08-12
UK Industrial Output Unexpectedly Rebounds
Industrial production in the UK rose by 0.9% from a month earlier in May of 2022, following a downwardly revised 0.1% decrease in the prior month and better than market forecasts of a flat reading. It marks the strongest increase in industrial activity since January, amid the recovery in manufacturing (1.4% vs -0.6% in April), namely other manufacturing and repair (3.4% vs -4%), the manufacturing of basic pharmaceutical products (3.2% vs -0.2%) and coke and refined petroleum products (3.3% vs -1.2%). Output also went up for electricity, gas, steam and air conditioning (0.3% vs 2.1%), while it dropped for mining & quarrying (-2.7% vs -0.6%) and water supply (-0.2% vs 2.4%). Industrial output was still 0.5% below its February 2020 level.
2022-07-13
UK Industrial Output Unexpectedly Drops
Industrial production in the UK declined 0.7 percent from a month earlier in April of 2022, following a 0.2 percent decrease in the previous month and compared with market expectations of a 0.2 percent gain. Manufacturing output fell 1.0 percent (vs -0.2 percent in March), mostly due to manufacturing of computer, electronic, and optical products (-4.6 percent). Downside pressures also came from a 0.8 percent drop in mining and quarrying (vs 2.8 percent), while water supply and sewerage increased 1.7 percent (vs 0.0 percent), and electricity and gas rebounded by 0.6 percent (vs -2.0 percent). Output remained below the February 2020 pre-coronavirus pandemic levels in all of the production sectors, save for water supply and sewerage.
2022-06-13