• In may UK industrial production decreased by 0.4% compared with April

Market news

10 July 2018

In may UK industrial production decreased by 0.4% compared with April

In the three months to May 2018, the Index of Production fell by 0.6% compared with the three months to February 2018, due primarily to a fall of 1.2% in manufacturing; this was partially offset by a rise in mining and quarrying of 4.6%.

In May 2018, total production was estimated to have decreased by 0.4% compared with April 2018, led by falls in energy supply of 3.2% and mining and quarrying of 4.6%.

The monthly increase in manufacturing output of 0.4% was supported by increases in 9 of the 13 sub-sectors.

In the three months to May 2018, the Index of Production increased by 1.8% compared with the same three months to May 2017.

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.