UK Statistics

Statistics: Index of Production, October 2014

Released: 09 December 2014 – Download PDF

Contents

Key Points

  • Total production output is estimated to have increased by 1.1% between October 2013 and October 2014. This increase reflects rises of 1.7% in manufacturing (the largest component of production) and 1.0% in mining & quarrying.
  • There were increases in eight of the 13 manufacturing subsectors compared with a year ago and the largest contributor was the manufacture of food products, beverages & tobacco.
  • Total production in October 2014 is estimated to have decreased by 0.1% compared with September 2014. Manufacturing was the only one of the four main components to fall, decreasing by 0.7%.
  • The main manufacturing components contributing to the fall between September 2014 and October 2014 were computer, electronic & optical products; basic pharmaceutical products & pharmaceutical preparations; and chemicals & chemical products.
  • In the three months to October 2014, production and manufacturing were 10.4% and 5.5% respectively below their figures reached in the pre-downturn GDP peak in Q1 2008.
  • In this release, periods back to January 2013 are open for revision, in line with the National Accounts revisions policy.

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

 

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