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Monthly UK production output falls by estimated 0.7% in Aug: ONS

13 Oct '23
1 min read
Pic: Shutterstock
Pic: Shutterstock

Insights

  • Monthly UK production output is estimated to have fallen by 0.7 per cent in August, following a revised fall of 1.1 per cent in July.
  • The fall is a result of a decline in three of the four production sectors, with manufacturing being the key contributor, with a fall of 0.8 per cent.
  • Nine of the 13 sub-sectors of manufacturing saw a decline during August.
Monthly UK production output is estimated to have fallen by 0.7 per cent in August this year, following a revised fall of 1.1 per cent (down from a 0.7-per cent fall) in July.

The fall in output is a result of a decline in three of the four production sectors, with manufacturing being the main contributor, with a decrease of 0.8 per cent. Nine of the 13 sub-sectors of manufacturing saw a decline during August.

Production output for the three months to August rose by 1.2 per cent compared with the three months to May. This was because of a large monthly growth in June (2.5 per cent), following a fall in May (0.5 per cent), the Office of National Statistics (ONS) said in a release.

ALCHEMPro News Desk (DS)
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