Statistics: Index of Production, Feb 2014

Key Points

• Production output increased by 2.7% between February 2013 and February 2014. This reflects increases of 3.8% in manufacturing; 8.5% in water supply, sewerage & waste management and 0.2% in mining & quarrying.
• The only decrease was in electricity, gas, steam & air conditioning output, which decreased by 8.8% between February 2013 and February 2014. This was attributed to the average temperature in February 2014 being warmer than February 2013.
• The main manufacturing components contributing to the increase between February 2013 and February 2014 were the manufacture of rubber & plastic products & other non-metallic mineral products; the manufacture of transport equipment and the manufacture of machinery & equipment not elsewhere classified.
• Total production increased by 0.9% between January 2014 and February 2014. There were upward contributions from three of the main sectors, with manufacturing being the largest contributor increasing by 1.0%, its third consecutive monthly rise.
• The main components contributing to the increase in manufacturing between January 2014 and February 2014 were the manufacture of basic pharmaceutical products & pharmaceutical preparations; the manufacture of transport equipment and the manufacture of food products, beverages & tobacco.
• In this release the earliest period open for revision was January 2014. There is no impact on previously published GDP estimates from revisions reported in this release.

Source: Office for National Statistics licensed under the Open Government Licence v.1.0.