Industrial production is the amount of output from the manufacturing, mining, electric and gas industries. A rise in industrial production reflects positive on growth statistics as they reflect on consumer spending and exports. |
UK Industrial Production
UK Industrial Production fell on a yearly basis for the month of May 2017 but was 75% higher compared with the previous month. Results were reported at -0.2%, higher from previous values of -0.8% and missing expectations of 0.2%. Industrial Production in the United Kingdom peaked at an all-time high point of 22.70% in February of 1973 and hit rock-bottom at -12% in December of 1980. |