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Macroeconomics  |  October 08, 2010 10:23:28

UK industrial production in August rose by 0.3%


UK industrial production in August rose by 0.3%, the same rate as in July, following a decline of 0.5% in June, confirmed the preliminary figure of British Statistical Office. In comparison to British industry growth rate accelerated from 2.0% to 4.2% and remained in continuous growth since March. It was based on historical tables largest annual increase since December 1994. The result exceeded expectations. A majority consensus expected a rise of 0.2% and 4.1% year on year change.

Manufacturing sector grew by 0.3%, slower than 0.4% in July year on year growth accelerated by 1.0% to 6.0%. The annual change was greatest in the last 15 years.Training supported ten of the thirteen sectors, most sectors manufacturing and engineering facilities. In comparison still showed a negative production of oil and gas production and distribution of electricity, water and gas.

In the quarter to August UK industry over the previous quarter and was flat versus the same quarter last year grew by 2.5%. Manufacturing sector accelerated quarter by 0.7% yoy and by 5.0%. Last year, due to the economic recession the British industry fell by 10.1% and manufacturing sector by 10.7%.

Alarmingly September survey by Markit Purchasing Managers' Economics and the Chartered Institute of Purchasing & Institute of Supply private sector.Indicator of manufacturing activity fell from 54.3 points at level nine-month low 53.4 points and three months showed a weakness in a row.

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Průmyslová výroba Velké Británie v srpnu rostla o 0,3%

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