The volume index for the output of the production industries for Q3 was released today in the latest Index of Production statistical bulletin from the ONS. The index decreased by 0.8% compared with the last quarter but was 10.5% lower on the same time last year. Manufacturinf output was down 0.1%, mining and quarrying 4.7% and utilities 0.8%.
The monthly difference was an increase of 1.7% in manufacturing, 8% in electrical and optical equipment, 3% in transport and 4.2% in other manufacturing industries.
Of the market sectors covered by the survey, capital goods was up by 0.2% on the previous quarter and 2.2% on the year. During the last month consumer durables were up 5.5% and both consumer non-durable goods and intermediate goods increased by 1% and 1.3% respectively, but all were down on the year.
The September Index stands at 86.9, 1.6% up on August.
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