United Kingdom Industrial Production m/m

Country:
United Kingdom
GBP, Pound sterling
Sector:
Business
Medium 0.2% 0.1%
0.4%
Last release Importance Actual Forecast
Previous
-0.1%
0.2%
Next release Actual Forecast
Previous
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Index of Production m/m reflects a change in the real volume of UK manufacturers' production in the given month compared to the previous month. 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 m/m" 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
Aug 2018
0.2%
0.1%
0.4%
Jul 2018
0.1%
-0.1%
0.4%
Jun 2018
0.4%
0.2%
-0.2%
May 2018
-0.4%
-0.1%
-1.0%
Apr 2018
-0.8%
0.4%
0.1%
Mar 2018
0.1%
-0.2%
0.1%
Feb 2018
0.1%
0.3%
1.3%
Jan 2018
1.3%
0.0%
-1.3%
Dec 2017
-1.3%
0.0%
0.3%
Nov 2017
0.4%
0.0%
0.2%
Oct 2017
0.0%
0.0%
0.7%
Sep 2017
0.7%
0.0%
0.3%
Aug 2017
0.2%
0.0%
0.3%
Jul 2017
0.2%
0.0%
0.5%
Jun 2017
0.5%
-0.2%
0.0%
May 2017
-0.1%
0.2%
Apr 2017
0.2%
-0.5%
Mar 2017
-0.5%
-0.8%
Feb 2017
-0.7%
-0.3%
Jan 2017
-0.4%
1.1%
Dec 2016
1.1%
2.0%
Nov 2016
2.1%
-1.1%
Oct 2016
-1.3%
-0.4%
Sep 2016
-0.4%
-0.4%
Aug 2016
-0.4%
0.1%
Jul 2016
0.1%
0.0%
Jun 2016
0.1%
-0.6%
May 2016
-0.5%
2.1%
Apr 2016
2.0%
0.3%
Mar 2016
0.3%
-0.2%
Feb 2016
-0.3%
0.2%
Jan 2016
0.3%
-1.1%
Dec 2015
-1.1%
-0.8%
Nov 2015
-0.7%
0.0%
Oct 2015
0.1%
0.0%
Sep 2015
-0.2%
0.9%
Aug 2015
1.0%
-0.3%
Jul 2015
-0.4%
-0.4%
Jun 2015
-0.4%
0.3%
May 2015
0.4%
0.3%
Apr 2015
0.4%
0.6%
Mar 2015
0.5%
0.1%
Feb 2015
0.1%
-0.1%
Jan 2015
-0.1%
-0.2%
Dec 2014
-0.2%
-0.1%
Nov 2014
0.0%
-0.1%
Oct 2014
-0.3%
0.6%
Sep 2014
0.7%
0.0%
Aug 2014
-0.1%
0.5%
Jul 2014
0.4%
0.3%

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