UK Industrial Production rose 1.3%

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Wednesday, Jan 11 2017

UK Industrial Production rose 1.3%

In November 2016, total production was estimated to have increased by 2.1% compared with October 2016.The increase in production was due to an increase in mining and quarrying output following the end of a maintenance period in the oil and gas industry and an increase in manufacturing.

The monthly estimate of manufacturing increased by 1.3% in November 2016; the largest contribution came from pharmaceuticals, which increased by 11.4%. Pharmaceuticals can be highly erratic, with significant monthly changes, often due to the delivery of large contracts. The month-on-same month a year ago estimate of total production increased by 2.0% in November 2016, with increases in all 4 main sectors; the largest contribution came from manufacturing, 1.2%.

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