LONDON
,
February 11, 2022
(press release)
–
Movements in the volume of production for the UK production industries: manufacturing, mining and quarrying, energy supply, and water and waste management. Figures are seasonally adjusted.
Main points
- Monthly production rose by 0.3% between November and December 2021; this meant that output was 2.6% below its February 2020 level (the last month of “normal” trading conditions prior to the coronavirus (COVID-19) pandemic).
- The monthly rise in output was the result of growth in three of the four production sectors, with manufacturing growing by 0.2%, water supply and sewerage by 1.7%, and electricity and gas by 1.6%; in contrast, mining and quarrying saw a fall of 3.1%, as extraction of crude oil and natural gas fell by 2.7% in December 2021.
- Within manufacturing, the largest contributions to monthly growth were from manufacturing of basic pharmaceutical products and pharmaceutical preparations (with a month-on-month growth of 12.0%) and manufacturing of transport equipment (with a month-on-month growth of 3.1%).
- Output remained below pre-COVID-19 levels in three of the four production sectors; when compared with the February 2020 level, monthly manufacturing output remained 2.5% below, mining and quarrying 18.3% below, and electricity and gas 3.4% below, while in contrast, water supply and sewerage was 9.0% above.
- Production output for Quarter 4 (Oct to Dec) 2021 decreased by 0.4%, compared with Quarter 3 (July to Sept) 2021; falls of 3.2% in electricity and gas, and 4.5% in mining and quarrying, were partially offset by a rise of 1.8% in water supply and sewerage.
- Manufacturing output for Quarter 4 (Oct to Dec) 2021 remained unchanged compared with Quarter 3 (July to Sept) 2021; the most notable increase was a rise of 12.5% in manufacturing of basic pharmaceutical products and pharmaceutical preparations, which was partially offset by a fall of 8.0% in manufacturing of machinery and equipment N.E.C.
- For further and detailed analysis of the effect on our monthly Index of Production estimate, please see GDP monthly estimate, UK: December 2021, published today (11 February 2022).
Industry Intelligence Editor's Note: This press release omits select charts and/or marketing language for editorial clarity. Click here to view the full report.
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