According to the report from Office for National Statistics, in July 2020, the Index of Production (IoP) was 7.0% below February 2020, the previous month of "normal" trading conditions, prior to the coronavirus (COVID-19) pandemic.
Production output rose by 5.2% between June and July 2020. Economists had expected a 0.3% increase. Manufacturing providing the largest upward contribution, rising by 6.3%; there were also rises from electricity and gas (2.7%), water and waste (2.4%) and mining and quarrying (0.7%).
The monthly increase of 6.3% in manufacturing output was led by transport equipment, which rose by 18.5%; all of the 13 subsectors displayed upward contributions.
Total production output decreased by 3.5% for the three months to July 2020, compared with the three months to April 2020; this was led by manufacturing output, which fell by 4.4%.
For the three months to July 2020, compared with the three months to July 2019, production output decreased by 13.5%; this was led by a fall in manufacturing of 15.7%, where 12 of the 13 subsectors displayed downward contributions.