Manufacturing Output Lifts Production

The quarterly analysis of the index of production published by the ONS shows that production increased by 0.2% between Q2 and Q3 2014. The growth was mainly due to manufacturing which increased by 0.4%.

The annual comparison estimates that total production output increased by 1.5% between September 2013 and September 2014. Manufacturing was the only sector to record a rise with an increase of 2.9%.

On a month by month basis total production in September 2014 was said to have increased by 0.6% when compared with August 2014. Three of the main sectors reported growth with mining and quarrying being the main contributor with growth of 3.8%.

Manufacturing output increased by 0.4% between August and September 2014 and the main sub-sectors responsible were transport equipment, computer, electronic and optical products and chemicals and chemical products.

Manufacturing Down 2.1% Production By 2.4%

The index of production published by the ONS shows that production was down by 2.4% in November 2012 compared with November 2011. Manufacturing was down by 2.1%.

The monthly analysis shows that production actually rose by 0.3% during the month October to November 2012. Large increases in production in mining and quarrying (8.7%) were offset by falls in manufacturing (0.3%) and energy supply (4.1%).

The annual analysis for November 2012 and November 2011 also shows that mining and quarrying fell by 13% within which oil and gas extraction decreased by 17.8% contributing 13.4% to the sector fall. Manufacturing fell 2.1% over the year with food manufacturing, beverages and tobacco contributing a fall of 4.6% and chemicals and chemical products 6.8%. Energy supply increased by 4.4% and water supply and waste management increased by 2.4%.