15-May-2025

Economic Buzz: UK industrial production rise 1.1% in Q1

According to the Office for National Statistics, UK's industrial production for Quarter 1 (Jan to Mar) 2025 was estimated to have increased 1.1%, compared with Quarter 4 (Oct to Dec) 2024; this is the first rise in the quarterly series since Quarter 1 2024.

Manufacturing was the main contributor to the quarterly rise in Quarter 1 2025 which was up 0.8%.

The largest positive contributions to the quarterly rise in manufacturing during Quarter 1 2025 came from transport equipment (up 2.7%) and machinery and equipment not elsewhere classified (up 3.8%).

Monthly production output was estimated to have decreased 0.7% in March 2025; this follows a rise in February 2025 (up 1.7%) and a fall in January 2025 (down 0.4%).

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