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Europe Economy: 
UK Industrial Production Falls 0.6% in September
Author: 123jump.com Staff
123jump.com
Last Update: 3:12 PM EST November 05 2007



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In the third quarter of 2007, the seasonally adjusted chained volume index for the output of the production industries was unchanged compared with the previous quarter. Between August and September output of the manufacturing industries fell by 0.6%. There were widespread decreases across manufacturing, with a significant decrease in output of 1.7% in the electrical and optical equipment industries.

 
The following is an unedited transcript of the news release from the UK National Statistics.


In the third quarter of 2007, the seasonally adjusted chained volume index for the output of the production industries was unchanged compared with the previous quarter. Between August and September output of the manufacturing industries fell by 0.6 per cent. There were widespread decreases across manufacturing, with a significant decrease in output of 1.7 per cent in the electrical and optical equipment industries. There were no significant increases.

In the latest quarter compared with the previous quarter, manufacturing output was unchanged, mining and quarrying output decreased by 1.3 per cent while output in electricity, gas and water supply increased by 0.8 per cent.

Mining and quarrying

In the latest quarter, mining and quarrying output fell by 1.3 per cent compared with the previous quarter but was 0.8 per cent higher than the same period a year ago. Between August and September, mining and quarrying output increased by 0.4 per cent due to a rise in oil production.

Manufacturing

Manufacturing output in the latest quarter was unchanged compared with the previous quarter. There was a significant decrease of 2.9 per cent in the transport equipment industries. There were no significant increases. Manufacturing output in the latest quarter was 0.4 per cent higher than the same period a year ago.

Electricity, gas and water supply

Output of the electricity, gas and water supply industries in the latest quarter rose by 0.8 per cent compared with the previous quarter. Between August and September, output increased by 1.0 per cent. In the latest quarter, output in this sector was 0.2 per cent lower compared with the same period a year ago.

Market sectors

In the latest quarter, output of the consumer durable goods industries rose by 3.1 per cent compared with the previous quarter and was 3.6 per cent higher than the same period a year ago. Output in the consumer non-durable goods industries rose by 0.1 per cent in the latest quarter compared with the previous quarter but was 0.7 per cent lower than the same period a year ago.

In the latest quarter, output of the capital goods industries fell by 0.7 per cent compared with the previous quarter but was 1.0 per cent higher than the same period a year ago. Output in the intermediate goods and energy industries was unchanged in the latest quarter compared with the previous quarter but was 0.5 per cent higher than the same period a year ago.


Available at:

http://www.statistics.gov.uk/pdfdir/iop1107.pdf
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