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. source: Office for National Statistics
Industrial Production Mom in the United Kingdom averaged 0.11 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 June of 2022.
Industrial Production Mom in the United Kingdom is expected to be 0.60 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.