Factory activity in the UK was down 4.2 percent year-on-year in February of 2021, the last month of "normal" trading conditions prior to the coronavirus pandemic. It follows a 5 percent drop in January. On a monthly basis, industrial output jumped 1.3 percent, driven by higher output in 7 of the 13 manufacturing subsectors, the largest being a rise of 9 percent in manufacturing of computer, electronic and optical products. source: Office for National Statistics
Manufacturing Production in the United Kingdom averaged 0.35 percent from 1969 until 2021, reaching an all time high of 19.60 percent in February of 1973 and a record low of -30.30 percent in April of 2020. This page provides the latest reported value for - United Kingdom Manufacturing Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Manufacturing Production - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Manufacturing Production in the United Kingdom is expected to be 19.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Production in the United Kingdom to stand at 4.50 in 12 months time. In the long-term, the United Kingdom Manufacturing Production is projected to trend around 3.60 percent in 2022 and 2.00 percent in 2023, according to our econometric models.