Statistics: Index of Production, June 2014

• Key Points
• Key Figures
• Economic Context
• GDP Impact and Components
• Production and Sectors Supplementary Analysis
• Background notes
• Statistical contacts

Abstract

• Production output increased by 0.3% and manufacturing output increased by 0.2% between Q1 2014 and Q2 2014.
• The largest contribution to the quarterly growth in production came from electricity, gas, steam & air conditioning output, which increased by 4.4%.
• Production output increased by 1.2% between June 2013 and June 2014. This reflected increases of 1.9% in manufacturing and 0.4% in water supply, sewerage & waste management.
• There were decreases of 1.0% in mining & quarrying and of 0.4% in electricity, gas, steam & air conditioning output, between June 2013 and June 2014.
• Total production increased by 0.3% between May 2014 and June 2014. There were increases in three of the main sectors, with manufacturing, the largest contributor, increasing by 0.3%.
• The main manufacturing components contributing to the increase between May 2014 and June 2014 were transport equipment; basic metals & metal products and food products, beverages & tobacco.
• Production and manufacturing were 11.4% and 7.4% respectively below their figures reached in the pre-downturn GDP peak in Q1 2008.
• The preliminary estimate of GDP, published on 25 July 2014, contained a forecasted rise of 0.4% for production in Q2 2014. This release of data estimates that production rose by 0.3% between Q1 2014 and Q2 2014 and the impact on the previously published Q2 2014 GDP estimate is minimal.
• In this release, revised data have been incorporated from April 2014.

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