Manufacturing production in the UK rose 0.7% month-on-month in March 2023, accelerating from an upwardly revised 0.1% growth in the previous month and beating market forecasts of a 0.1% fall. It marked the largest rise since October 2022, as 7 out of 13 sub-sectors reported an increase in output, led by manufacture of basic pharmaceutical products (4% vs -0.8% in February) and computer electronic & optical products (3.3% vs 3.2%). On a yearly basis, manufacturing production fell 1.3%, after a downwardly revised 1.9% drop in February and less than market estimates of a 2.5% decline. source: Office for National Statistics

Manufacturing Production MoM in the United Kingdom averaged 0.16 Percent from 1950 until 2023, reaching an all time high of 14.50 Percent in June of 2020 and a record low of -23.70 Percent in April of 2020. This page includes a chart with historical data for the United Kingdom Manufacturing Production MoM. United Kingdom Manufacturing Production MoM - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.

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United Kingdom Manufacturing Production MoM



Calendar GMT Actual Previous Consensus TEForecast
2023-04-13 06:00 AM Feb 0% -0.1% 0.2% 0.2%
2023-05-12 06:00 AM Mar 0.7% 0.1% -0.1% -0.1%
2023-06-14 06:00 AM Apr 0.7% 0.0%


Related Last Previous Unit Reference
Industrial Production Mom 0.70 -0.10 percent Mar 2023
Industrial Production -2.00 -2.70 percent Mar 2023
Manufacturing Production -1.30 -1.90 percent Mar 2023
New Orders 11151.00 12879.00 GBP Million Mar 2023
Changes in Inventories -5345.00 1538.00 GBP Million Mar 2023
Corporate Profits 159494.00 154087.00 GBP Million Mar 2023
Manufacturing Production MoM 0.70 0.10 Percent Mar 2023
Mining Production -11.60 -9.80 percent Mar 2023
Leading Economic Index 0.10 0.10 percent Mar 2023
Private Investment 0.70 -0.20 percent Mar 2023

United Kingdom Manufacturing Production MoM
Manufacturing production measures the output of businesses operating in the manufacturing sector. It is the most important sector in the UK 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).
Actual Previous Highest Lowest Dates Unit Frequency
0.70 0.10 14.50 -23.70 1950 - 2023 Percent Monthly
SA

News Stream
UK Manufacturing Output Accelerates in March
Manufacturing production in the UK rose 0.7% month-on-month in March 2023, accelerating from an upwardly revised 0.1% growth in the previous month and beating market forecasts of a 0.1% fall. It marked the largest rise since October 2022, as 7 out of 13 sub-sectors reported an increase in output, led by manufacture of basic pharmaceutical products (4% vs -0.8% in February) and computer electronic & optical products (3.3% vs 3.2%). On a yearly basis, manufacturing production fell 1.3%, after a downwardly revised 1.9% drop in February and less than market estimates of a 2.5% decline.
2023-05-12
UK Manufacturing Output Stagnant in February
Manufacturing production in the UK stalled in February 2023, following a downwardly revised 0.1% fall in January and compared to market estimates of a 0.2% expansion. Among the sub-sectors, 7 out of 13 fell, led by manufacture of chemicals & chemical products (-2.5% vs 3.5% in January) which was offset by the sharp rebound from production of computer, electronic & optical products (2.9% vs -1.7%). On a yearly basis, manufacturing output shrank 2.4%, from a downwardly revised 2.8% decrease in January and less than market forecasts of a 4.7% contraction.
2023-04-13
UK Manufacturing Output Drops 0.4% MoM
Manufacturing production in the UK dropped 0.4% month-on-month in January 2023, after stalling in the previous period and more than market estimates of a 0.1% fall. Most of the sub-sectors reported a decrease in production, led by basic pharmaceutical products & preparation (-4.7% vs 2% in December). Additionally, output declined for machinery & equipment (-1.6% vs 1.6%), computer, electronics & optical products (-1% vs 0.1%) and coke & refined petroleum products (-0.4% vs -1.7%). On a yearly basis, manufacturing output shrank 5.2%, following a 5.7% contraction in December and slightly above market forecasts of a 5% fall.
2023-03-10