Industrial Production in the United Kingdom decreased 3.30 percent in December of 2020 over the same month in the previous year, compared to market expectations of a 3.8 percent fall. Considering full 2020, industrial output shrank 8.6 percent, following a 1.2 percent drop in 2019. source: Office for National Statistics

Industrial Production in the United Kingdom averaged 0.67 percent from 1969 until 2020, reaching an all time high of 22.70 percent in February of 1973 and a record low of -24.50 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 February of 2021.

Industrial Production in the United Kingdom is expected to be 4.00 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 5.00 in 12 months time. In the long-term, the United Kingdom Industrial Production is projected to trend around 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
-3.30 -3.90 22.70 -24.50 1969 - 2020 percent Monthly
Constant Prices 2016=100, SA

Calendar GMT Actual Previous Consensus TEForecast
2020-11-12 07:00 AM Sep -6.3% -6.4% -6.1% -6.2%
2020-12-10 07:00 AM Oct -5.5% -6.3% -6.5% -6.8%
2021-01-15 07:00 AM Nov -4.7% -5.8% -4.2% -4.4%
2021-02-12 07:00 AM Dec -3.3% -3.9% -3.8% -4.2%
2021-03-12 07:00 AM Jan -3.3% -5.4%
2021-04-12 06:00 AM Feb -5.8%
2021-05-12 06:00 AM Mar 1.5%
2021-06-11 06:00 AM Apr

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.