Manufacturing Production (YoY)

The Manufacturing Production released by the National Statistics measures the manufacturing output. Manufacturing Production is significant as a short term indicator of the strength of UK manufacturing activity that dominates a large part of total GDP. A high reading is seen as positive (or bullish) for the GBP, while a low reading is seen as negative (or bearish).

Most recent - Friday 13 December 2024 07:00

Previous
-0.7%
Revised
-
Forecast
0.9%
Actual
0%

Lower numbers than forecast tend to be bullish for xxx/GBP pairs and bearish for GBP/xxx pairs.

Trading range

Forecast history

The most recent announced value for Manufacturing Production (YoY) was 0% against a forecast of 0.9%.

Past events

Date
Forecast
Actual
Friday 13 December 2024 07:00
0.9%
0%
Friday 15 November 2024 07:00
0.1%
-0.7%
Friday 11 October 2024 06:00
-0.4%
-0.3%
Wednesday 11 September 2024 06:00
-0.1%
-1.3%
Thursday 15 August 2024 06:00
-2.4%
-1.5%
Thursday 11 July 2024 06:00
1.2%
0.6%
Wednesday 12 June 2024 06:00
1.6%
0.4%
Friday 10 May 2024 06:00
1.8%
2.3%
Friday 12 April 2024 06:00
2.1%
2.7%
Wednesday 13 March 2024 07:00
2%
2%
Thursday 15 February 2024 07:00
0.6%
2.3%
Friday 12 January 2024 07:00
1.7%
1.3%
Wednesday 13 December 2023 07:00
1.9%
0.8%
Friday 10 November 2023 07:00
3.1%
3%
Thursday 12 October 2023 06:00
3.4%
2.8%
Wednesday 13 September 2023 06:00
2.7%
3%
Friday 11 August 2023 06:00
0.3%
3.1%
Thursday 13 July 2023 06:00
-1.7%
-1.2%
Wednesday 14 June 2023 06:00
-0.9%
-0.9%
Friday 12 May 2023 06:00
-2.5%
-1.3%
Thursday 13 April 2023 06:00
-4.7%
-2.4%
Friday 10 March 2023 07:00
-5%
-5.2%
Friday 10 February 2023 07:00
-6.1%
-5.7%
Friday 13 January 2023 07:00
-4.8%
-5.9%
Monday 12 December 2022 07:00
-6.3%
-4.6%
Friday 11 November 2022 07:00
-6.6%
-5.8%
Wednesday 12 October 2022 06:00
0.8%
-6.7%
Monday 12 September 2022 06:00
1.7%
1.1%
Friday 12 August 2022 06:00
0.9%
1.3%
Wednesday 13 July 2022 06:00
0.3%
2.3%
Monday 13 June 2022 06:00
1.8%
0.5%
Thursday 12 May 2022 06:00
2.3%
1.9%
Monday 11 April 2022 06:00
2.5%
3.6%
Friday 11 March 2022 07:00
3.1%
3.6%
Friday 11 February 2022 07:00
1.7%
1.3%
Friday 14 January 2022 07:00
-0.3%
0.4%

Economic context

Recent economic data has been broadly neutral for GBP. Other recent announcements which may affect the market's interpretation of the next Manufacturing Production (YoY) result:

PreviousLatest
Retail Sales (MoM)Bullish change-0.7%0.2%
Retail Sales (YoY)Bearish change2%0.5%
Retail Sales ex-Fuel (MoM)Bullish change-0.9%0.3%
Retail Sales ex-Fuel (YoY)Bearish change1.6%0.1%
BoE MPC Vote Rate CutBullish change83
BoE MPC Vote Rate Hike(no change)00
Consumer Price Index (MoM)Bearish change0.6%0.1%
Consumer Price Index (YoY)Bullish change2.3%2.6%
Core Consumer Price Index (YoY)Bullish change3.3%3.5%
PPI Core Output (MoM) n.s.aBearish change0.2%0%
PPI Core Output (YoY) n.s.a (no change)1.6%1.6%
Producer Price Index - Output (MoM) n.s.aBullish change-0.1%0.3%
Producer Price Index - Output (YoY) n.s.aBullish change-0.9%-0.6%
Retail Price Index (MoM)Bearish change0.5%0.1%
Retail Price Index (YoY)Bullish change3.4%3.6%
Average Earnings Excluding Bonus (3Mo/Yr)Bullish change4.9%5.2%
Average Earnings Including Bonus (3Mo/Yr)Bullish change4.4%5.2%
Claimant Count ChangeBearish change-10.9K0.3K
Claimant Count Rate(no change)4.6%4.6%
Employment Change (3M)Bearish change253K173K
ILO Unemployment Rate (3M)(no change)4.3%4.3%
S&P Global/CIPS Composite PMI(no change)50.550.5
S&P Global/CIPS Manufacturing PMIBearish change4847.3
S&P Global/CIPS Services PMIBullish change50.851.4
Consumer Inflation ExpectationsBullish change2.7%3%
Gross Domestic Product (MoM)(no change)-0.1%-0.1%
Industrial Production (MoM)Bearish change-0.5%-0.6%
Manufacturing Production (MoM)Bullish change-1%-0.6%
GfK Consumer ConfidenceBullish change-18-17

About Manufacturing Production (YoY)

Country:United Kingdom
Currency:GBP
Source:Office for National Statistics
Category:Economic Activity
Frequency:Monthly

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