Track UK Industrial Production m/m to gauge economic health and consumer conditions.
This indicator serves as a key measure of economic vitality, as production responds swiftly to fluctuations in the business cycle and is linked to consumer factors like employment and income levels. Mining and utility sectors account for approximately 20% of overall production, making this data often less prominent compared to Manufacturing Production, which constitutes the remaining 80%.
What it Measures
The change in the total inflation-adjusted output value generated by manufacturers, mines, and utilities.
Usual Effect
A reported value that exceeds the forecast is favorable for the currency.
Source & Frequency
Office for National Statistics (latest release) - https://www.gov.uk/government/statistics • Published monthly, typically around 40 days following the end of the month.
How Data is Derived
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Also Known As
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Acronym
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