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Europe Economy: 
UK Manufacturing Output Rebounds in January
Author: 123jump.com Staff
123jump.com
Last Update: 9:07 AM EDT March 10 2008



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In the three months to January, the seasonally adjusted chained volume index for the output of the production industries remained unchanged compared with the previous three months. Between December and January output of the manufacturing industries rose by 0.4%.There were significant increases in output of 2% in the machinery and equipment industries and 1.4% in the chemicals and man-made fibres industries.

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


In the three months to January, the seasonally adjusted chained volume index for the output of the production industries remained unchanged compared with the previous three months. Between December and January output of the manufacturing industries rose by 0.4 per cent.There were significant increases in output of 2.0 per cent in the machinery and equipment industries and 1.4 per cent in the chemicals and man-made fibres industries. There was a significant decrease in output of 1.3 per cent in the transport equipment industries.

In the latest three months, manufacturing output remained unchanged. Output of the electricity, gas and water supply industries increased by 1.9 per cent but mining and quarrying output decreased by 1.9 per cent, compared with the previous three months.

Mining and quarrying

In the latest three months, mining and quarrying output fell by 1.9 per cent compared with the previous three months and was 0.1 per cent lower than the same period a year ago. Between December and January, mining and quarrying output decreased by 4.1 per cent with falls in oil and gas production.

Manufacturing

Manufacturing output in the latest three months remained unchanged compared with the previous three months. There were widespread decreases in output offset by a significant increase in output of 2.2 per cent in the transport equipment industries. There were no significant decreases. Manufacturing output in the latest three months was 0.3 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 three months rose by 1.9 per cent compared with the previous three months. Between December and January, energy supply output decreased by 0.2 per cent. In the latest three months, output in this sector was 3.7 per cent higher compared with the same period a year ago.

Market sectors

In the latest three months, output of the consumer durable goods industries fell by 2.3 per cent compared with the previous three months and was 3.3 per cent lower than the same period a year ago.Output in the consumer non-durable goods industries fell by 0.3 per cent in the latest three months compared with the previous three months and was 1.6 per cent lower than the same period a year ago.

In the latest three months, output of the capital goods industries rose by 0.4 per cent compared with the previous three months and was 2.1 per cent higher than the same period a year ago. Output in the intermediate goods and energy industries rose by 0.1 per cent in the latest three months compared with the previous three months and was 1.4 per cent higher than the same period a year ago.


Available at:

http://www.statistics.gov.uk/pdfdir/iop0308.pdf
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