UK Manufacturing Production

Manufacturing production measures the changes of the total output month-by-month or year-by-year that is produced by manufacturers. This measure is estimated by the office of National Statistics, UK. If manufacturing production value is higher than expected, this may indicate a positive impact on the local economy and if it is lower than expectations, may have a negative effect on the UK economy or local currency (GBP).

UK Manufacturing Production

UK Manufacturing Production rose on a yearly basis for the month of May 2017 by 400% compared with previous values. Results were reported at 0.4%, beating previous values of 0.0% and missing expectations of 1.0%. Manufacturing Production in the United Kingdom peaked at an all-time high point of 19.60% in February of 1973 and hit rock-bottom at -16.90% in December of 1980.