• UK manufacuring production growth slows down in August

Market news

7 October 2016

UK manufacuring production growth slows down in August

This is the second release of Index of Production covering data post EU referendum. This release shows production decreased month-on-month in August 2016, with a fall in mining and quarrying partially offset by a rise in manufacturing. Users should note that ONS always warns against overly interpreting one month's figures.

In August 2016, total production output was estimated to have increased by 0.7% compared with August 2015. There were increases in 2 of the 4 main sectors, with the largest contribution coming from water supply, sewerage and waste management output, which increased by 7.0%.

Manufacturing was estimated to have increased by 0.5% on a year ago. Other manufacturing and repair provided the largest contribution to growth, increasing by 5.9%.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.