The annual index of production published by the ONS fell by 3.1% in November 2011. Manufacturing fell by 0.6%. The monthly index of production fell 0.6% between October and November, manufacturing falling by 0.2%.
The fall in the index was also mainly due to falls in mining and quarrying (14.2%) and energy (8.6%) as well as the fall in manufacturing. Oil and gas was the main contributor in the big decrease within mining and quarrying with a 16.7% decrease which contributed 14% of the 14.2% fall. The biggest contributor to the fall within manufacturing was in the basic pharmaceuticals and preparations industries with a 12.7% fall.
Showing posts with label index of manufacturing. Show all posts
Showing posts with label index of manufacturing. Show all posts
Friday, 13 January 2012
Friday, 8 July 2011
Production Down By 0.8%
The index of production produced by the ONS fell 0.8% in May this year compared with May last year. In the month between April and May the index rose by 0.9%. Manufacturing increased by 2.8% in May over the year and by 1.8% over the month between April and May 2011.
The main contribution to the upward movement in manufacturing was a 3.8% increase in the manufacture of machinery and equipment and other machinery which increased by 7.2%.
The main contribution to the upward movement in manufacturing was a 3.8% increase in the manufacture of machinery and equipment and other machinery which increased by 7.2%.
Thursday, 21 April 2011
Producer Prices Increases Again
The most recent producer prices statistical bulletin from the ONS shaowed that in the year to March 2011 output prices rose by 5.4% and input prices rose by 14.6%.
Manufacturing inputs rose in price by 3.7% between February and March 2011 mainly reflecting the increase in prices for crude oil.
Output prices for food products rose 0.5% between february and March and 7.4% in the year to March. In particular, dairy products increased 1.1% notably butter, up 0.4% and bakery products up 0.5%.
Manufacturing inputs rose in price by 3.7% between February and March 2011 mainly reflecting the increase in prices for crude oil.
Output prices for food products rose 0.5% between february and March and 7.4% in the year to March. In particular, dairy products increased 1.1% notably butter, up 0.4% and bakery products up 0.5%.
Friday, 10 September 2010
Manufacturing Helps Production Index
The ONS index of production for July 2010 increased by 1.9% on last year. The index of manufacturing increased by 4.9%. Analysis of the figures for the most recent month on last year shows that 9 of the 13 manufacturing sub-sectors increased by 4 fell. Machinery and equipment and basic metals and metal products reported the largest increases.
Tuesday, 11 May 2010
Manufacturing Index Up In March
The ONS' Index of Production statistical release tells us that seasonally adjusted index rose by 2% in March 2010 to 89.4 compared with March 2009 and the manufacturing index rose by 3.3% to 92.0.
The manufacturing index component sub-sectors output increased in 9 of the 13 sub-sectors and decreased in 4 sub-sectors. The largest increases were in transport equipment with a rise of 16.9% and basic metals and metal products with 4.6%. The manufacture of motor vehicles had the largest rise within the transport equipment industries with 52.3%. Within basic metals and metal products the largest rise was in the manufacture of cutlery, tools and general hardware with 20.4%.
In the other broad industry groups, mining and quarrying fell by 3.1% and the electricity, gas and water supply industries fell 1.8% compared with March 2009.
In the main industrial groupings consumer durables rose 2% from 0.2% in the previous month on month. Capital goods rose 8.7% from 5.7% in March 2009 and intermediate goods rose 1.2% after a fall of 2% the previous month.
The manufacturing index component sub-sectors output increased in 9 of the 13 sub-sectors and decreased in 4 sub-sectors. The largest increases were in transport equipment with a rise of 16.9% and basic metals and metal products with 4.6%. The manufacture of motor vehicles had the largest rise within the transport equipment industries with 52.3%. Within basic metals and metal products the largest rise was in the manufacture of cutlery, tools and general hardware with 20.4%.
In the other broad industry groups, mining and quarrying fell by 3.1% and the electricity, gas and water supply industries fell 1.8% compared with March 2009.
In the main industrial groupings consumer durables rose 2% from 0.2% in the previous month on month. Capital goods rose 8.7% from 5.7% in March 2009 and intermediate goods rose 1.2% after a fall of 2% the previous month.
Monday, 12 April 2010
Production Down In February
The index of production fell by 0.1% in February 2010. The index of manufacturing increased by 1.4%, the mining and quarrying index fell by 7.6% and the energy supply industries index 2.6% according to the latest statistics from the ONS.
The production index increased in 8 of the 13 manufacturing sub-sectors and fell in 5 sub-sectors. The transport equipment sub-sector increased the most with an increase of 16.9% over the year within which the manufacture of motor vehicles increased 51.6% and the manufacture of aircraft and spacecraft went up 12%. Food, drink and tobacco increased by 2.8% within which meat and meat products increased by 16.3% and the processing and preservation of fish, fruit and vegetables by 16.5%. The largest contributor to the year on year increase in the manufacturing index of 1.4% was transport equipment with 1.8%. The food, drink and tobacco industries increased by 0.4%.
The mining and quarrying index fell by 7.6% in February 2010 compared with February 2009. Oil and gas extraction decreased by 8.9% and coal by 16.9%. Over the year there was an 8.1% decrease in oil and gas extraction that contributed to the 7.6% year on year decrease.
Electricity supply output decreased by 7.5% contributing to the overall 2.6% fall in output in electricity, gas and water supply. Consumer durables and capital goods reported increases of 0.6% and 6.2% respectively in February.
The production index increased in 8 of the 13 manufacturing sub-sectors and fell in 5 sub-sectors. The transport equipment sub-sector increased the most with an increase of 16.9% over the year within which the manufacture of motor vehicles increased 51.6% and the manufacture of aircraft and spacecraft went up 12%. Food, drink and tobacco increased by 2.8% within which meat and meat products increased by 16.3% and the processing and preservation of fish, fruit and vegetables by 16.5%. The largest contributor to the year on year increase in the manufacturing index of 1.4% was transport equipment with 1.8%. The food, drink and tobacco industries increased by 0.4%.
The mining and quarrying index fell by 7.6% in February 2010 compared with February 2009. Oil and gas extraction decreased by 8.9% and coal by 16.9%. Over the year there was an 8.1% decrease in oil and gas extraction that contributed to the 7.6% year on year decrease.
Electricity supply output decreased by 7.5% contributing to the overall 2.6% fall in output in electricity, gas and water supply. Consumer durables and capital goods reported increases of 0.6% and 6.2% respectively in February.
Wednesday, 10 March 2010
Production Figures For January
The latest Index of Production from the Office for National Statistics says that the index of production fell by 1.5% compared with last year and the index of manufacturing rose by 0.2% compared with January last year
In the manufacturing sector 4 of the 13 categories reported increases while 9 fell. The largest increases in transport, in particular the manufacture motor vehicles which increased by 38.9%, and the manufacture of aircraft and spacecraft which increased by 14.1%. Food, drink and tobacco also increased, in particular meat and meat products by 12.6%, and the processing of fish, fruit and vegetables by 11.6%.
In the manufacturing sector 4 of the 13 categories reported increases while 9 fell. The largest increases in transport, in particular the manufacture motor vehicles which increased by 38.9%, and the manufacture of aircraft and spacecraft which increased by 14.1%. Food, drink and tobacco also increased, in particular meat and meat products by 12.6%, and the processing of fish, fruit and vegetables by 11.6%.
Tuesday, 2 March 2010
GDP Revised To 0.3%
The GDP growth rate for Q4 2009 has been revised upward from the preliminary estimate of 0.1% made last month to 0.3%. The change came from stronger data from December.
The production industries output increased by 0.4% and manufacturing within that sector rose by 0.8%. The service industries out increased by 0.5%. GDP at current market prices grew by 1.1% according to the ONS UK output, income and expenditure accounts for Q4 2009. These are the statistics that will eventually go into the Quarterly National Accounts.
The production industries output increased by 0.4% and manufacturing within that sector rose by 0.8%. The service industries out increased by 0.5%. GDP at current market prices grew by 1.1% according to the ONS UK output, income and expenditure accounts for Q4 2009. These are the statistics that will eventually go into the Quarterly National Accounts.
Thursday, 11 February 2010
Ups And Downs Of Output
The Index of Production fell by 3.6% in December 2009 compared with December 2008. The index for the whole of 2009 fell by 10.2% compared with 2008. Within the production industries the Index of Manufacturing for December 2009 fell by 1.9% year-on-year. The Index of Manufacturing for the whole of 2009 fell by 10.5% compared with 2008. The indices are seasonally adjusted. Month-on-month both the IoP and the IoM reported an increase for the third month in a row, of 0.5% and 0.9% respectively.
The Index of Production is produced by the Office for National Statistics and measures the volume of production of the manufacturing, mining and quarrying and energy supply industries and covers 23.1% of the UK economy as it was in the base year 2000. The Index of Manufacturing covers the 13 sub-sectors of manufacturing and the aggregate forms the manufacturing output time series.
In December output decreased in 9 of the 13 manufacturing sub-sectors and rose in 4 of them. The machinery and equipment industries reported the largest decreases and fell by 13.6% with the manufacturing of machinery for the production of mechanical power the largest contributor with a decrease of 22.6%. The paper, printing and publishing industries fell by 4.2% with the publishing of newspapers making the largest contribution with a fall of 8.1%. In the mining and quarrying sector, the oil and gas extraction sub-sector contributed a decrease of 9.9% to the overall sector fall of 12.1% in December 2009 compared with December 2008. Other mining and quarrying decreased by 35.3%. The energy, gas and water supply industries index fell by 6.6%.
In the main industrial groupings, consumer durables reported an increase of 0.1%. The other main groups reported falls. Consumer non-durables decreased by 1.3%, capital items by 0.8% and intermediate goods by 6.5%.
The Index of Production can be used on its own as a short term indicator as the Index covered 78.6% of the total IoP in the base year. It is usually the first indicator of economic activity and an important component of GDP and National Accounts.
The Index of Production is produced by the Office for National Statistics and measures the volume of production of the manufacturing, mining and quarrying and energy supply industries and covers 23.1% of the UK economy as it was in the base year 2000. The Index of Manufacturing covers the 13 sub-sectors of manufacturing and the aggregate forms the manufacturing output time series.
In December output decreased in 9 of the 13 manufacturing sub-sectors and rose in 4 of them. The machinery and equipment industries reported the largest decreases and fell by 13.6% with the manufacturing of machinery for the production of mechanical power the largest contributor with a decrease of 22.6%. The paper, printing and publishing industries fell by 4.2% with the publishing of newspapers making the largest contribution with a fall of 8.1%. In the mining and quarrying sector, the oil and gas extraction sub-sector contributed a decrease of 9.9% to the overall sector fall of 12.1% in December 2009 compared with December 2008. Other mining and quarrying decreased by 35.3%. The energy, gas and water supply industries index fell by 6.6%.
In the main industrial groupings, consumer durables reported an increase of 0.1%. The other main groups reported falls. Consumer non-durables decreased by 1.3%, capital items by 0.8% and intermediate goods by 6.5%.
The Index of Production can be used on its own as a short term indicator as the Index covered 78.6% of the total IoP in the base year. It is usually the first indicator of economic activity and an important component of GDP and National Accounts.
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