Industrial Production in the United Kingdom decreased 20 percent year-on-year in May of 2020, following a record 23.8 percent plunge in April and compared to market expectations of a 20.8 percent fall. In the end of May, firms returned to work after the coronavirus lockdown, as businesses managed to operate while adhering to social distancing measures. Manufacturing was down 22.8 percent; electricity, gas, steam and air conditioning 16.8 percent; mining and quarrying 11.7 percent; oil and gas extraction 10.2 percent; and water supply, sewerage and waste management fell 6.3 percent.

Industrial Production in the United Kingdom averaged 0.77 percent from 1969 until 2020, reaching an all time high of 22.60 percent in February of 1973 and a record low of -23.80 percent in April of 2020. This page provides the latest reported value for - United Kingdom Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: Office for National Statistics

Industrial Production in the United Kingdom is expected to be -6.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in the United Kingdom to stand at 16.00 in 12 months time. In the long-term, the United Kingdom Industrial Production is projected to trend around 5.00 percent in 2021 and 2.00 percent in 2022, according to our econometric models.

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United Kingdom Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-20.00 -23.80 22.60 -23.80 1969 - 2020 percent Monthly
Constant Prices 2016=100, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-04-09 06:00 AM Feb -2.8% -2.8% -2.9% -3%
2020-05-13 06:00 AM Mar -8.2% -3.4% -9.3% -9.9%
2020-06-12 06:00 AM Apr -24.4% -8.2% -19.3% -22%
2020-07-14 06:00 AM May -20% -23.8% -20.8% -20.3%
2020-08-12 06:00 AM Jun -20% -13.1% -14%
2020-09-10 06:00 AM Jul
2020-10-09 06:00 AM Aug
2020-11-11 07:00 AM Sep -6%


United Kingdom Industrial Production
In the United Kingdom, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 70 percent of total production. The biggest segments within Manufacturing are: Food, drink and tobacco (11 percent of total production); transport equipment (9 percent); basic metals (8 percent); other manufacturing and repair (6 percent); pharmaceutical products and preparations (6 percent); and rubber and plastic products and non-metallic mineral products (6 percent). Mining and quarrying account for 12 percent of production, as oil and gas extraction accounts for 10 percent. Electricity, gas, steam and air conditioning account for 11 percent of total output and water supply, sewerage and waste management account for 8 percent.