Manufacturing production in the United Kingdom declined 3.8 percent year-on-year in November of 2020, less than market forecasts of a 4.8 percent drop. Still, it is the 20th consecutive decline as coronavirus pandemic limited production. The country was under another lockdown during the month of November to prevent the spread of the coronavirus. Compared with the previous month, factory activity went up 0.7 percent, led by transport equipment. source: Office for National Statistics
Manufacturing Production in the United Kingdom averaged 0.36 percent from 1969 until 2020, reaching an all time high of 19.60 percent in February of 1973 and a record low of -30 percent in April of 2020. This page provides the latest reported value for - United Kingdom Manufacturing Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Manufacturing Production - data, historical chart, forecasts and calendar of releases - was last updated on January of 2021.
Manufacturing Production in the United Kingdom is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Production in the United Kingdom to stand at 6.00 in 12 months time. In the long-term, the United Kingdom Manufacturing Production is projected to trend around 2.00 percent in 2022, according to our econometric models.