• UK industrial production fell sharply in November

Notícias do Mercado

13 janeiro 2020

UK industrial production fell sharply in November

Office for National Statistics said that total production output decreased by 0.6% for the three months to November 2019, compared with the three months to August 2019; this was led by manufacturing output, which fell by 0.8%. The three-monthly fall in manufacturing is because of widespread weakness, with 10 of the 13 subsectors providing downward contributions; this was led by pharmaceutical products (fall of 6.2%) and transport equipment (fall of 1.6%).

Production output fell by 1.2% between October 2019 and November 2019, with manufacturing providing the largest downward contribution, falling by 1.7%. Economists had expected a 0.1% decrease.

The monthly decrease of 1.7% in manufacturing output was because of downward contributions from 10 of the 13 subsectors; led by notable falls from transport equipment (3.4%), chemicals and chemical products (4.7%) and food, beverages and tobacco (1.8%).

For the three months to November 2019, production output decreased by 1.1%, compared with the same three months to November 2018; this was led by a fall in manufacturing of 1.2%.

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