Market news
10.09.2018, 08:33

UK manufacturing production down 0.2% in July

The fall of 0.5% in total production output for the three months to July 2018, compared with the three months to April 2018, is due primarily to a fall of 4.5% in electricity and gas supply, resulting from less demand due to higher than average temperatures during May to July 2018.

In the three months to July 2018, manufacturing fell by 0.1%, due primarily to a fall in machinery and equipment and metal products.

In July 2018, total production output was estimated to have increased by 0.1% compared with June 2018, due primarily to a rise in mining and quarrying of 3.3%; within oil and gas extraction, there was a return to production, following planned maintenance during June 2018.

The monthly decrease in manufacturing output of 0.2% was due mainly to a fall of 7.5% in basic pharmaceutical products; this was largely offset by widespread strength throughout the rest of the sector, with 8 of the 13 sub-sectors rising.

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location