Industrial Production in the United Kingdom increased 3.60 percent in March of 2021 over the same month in the previous year. It is the first annual gain in industrial output in 2 years and the strongest since October of 2017 as Britain started to ease coronavirus restrictions in March. source: Office for National Statistics
Industrial Production in the United Kingdom averaged 0.67 percent from 1969 until 2021, reaching an all time high of 22.70 percent in February of 1973 and a record low of -24.40 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 May of 2021.
Industrial Production in the United Kingdom is expected to be 14.80 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 3.20 in 12 months time. In the long-term, the United Kingdom Industrial Production is projected to trend around 2.60 percent in 2022 and 2.40 percent in 2023, according to our econometric models.