Home breadcru News breadcru Industrial breadcru Monthly UK production output falls 0.3% in Apr post 0.7% rise in March

Monthly UK production output falls 0.3% in Apr post 0.7% rise in March

16 Jun '23
1 min read
Pic: Shutterstock
Pic: Shutterstock

Insights

  • Monthly UK production output is estimated to have fallen by 0.3 per cent in April, following a 0.7 per cent rise in March.
  • The fall was due to a decline in three of the four production sectors.
  • Production output for the three months to April rose by 0.2 per cent compared with the three months to January this year. Manufacturing was the primary contributor.
Monthly production output in the United Kingdom is estimated to have fallen by 0.3 per cent in April this year, following a rise of 0.7 per cent in March. The monthly fall resulted from a decline in three of the four production sectors, with manufacturing being the main contributor.

Monthly manufacturing output decreased by 0.3 per cent during the month and saw eight of its 13 sub-sectors negatively contributing to growth, according to the Office of National Statistics (ONS).

Monthly production output in April was 0.1 per cent above February 2020, the last month of ‘normal’ trading conditions before the COVID-19 pandemic, ONS said in a release.

Production output for the three months to April rose by 0.2 per cent compared with the three months to January this year. Growth came primarily from manufacturing (0.7 per cent).

ALCHEMPro News Desk (DS)

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!