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UK Industrial Production increased less than expected

Friday, Mar 09 2018
UK Industrial Production increased less than expected

In the three months to January 2018, the Index of Production increased by 0.2% compared with the three months to October 2017, due to a rise of 0.9% in manufacturing; this was partially offset by a decrease of 6.4% in mining and quarrying, caused mainly by the shut-down of the Forties oil pipeline within December 2017. Total production output increased by 1.4% for the three months to January 2018 compared with the same three months to January 2017; manufacturing provided the largest upward contribution with an increase of 2.6%.

 

In January 2018, total production was estimated to have increased by 1.3% compared with December 2017; mining and quarrying provided the largest upward contribution, increasing by 23.5% due mainly to the re-opening of the Forties oil pipeline. Compared with December 2017, manufacturing output in January 2018 was estimated to have increased by 0.1%; this was the ninth consecutive period of growth and is the first time this has occurred since records began in February 1968.

Last modified on Sunday, 11 March 2018
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