This is the second release of Index of Production covering data post EU referendum. This release shows production decreased month-on-month in August 2016, with a fall in mining and quarrying partially offset by a rise in manufacturing. Users should note that ONS always warns against overly interpreting one month’s figures.
In August 2016, total production output was estimated to have increased by 0.7% compared with August 2015. There were increases in 2 of the 4 main sectors, with the largest contribution coming from water supply, sewerage and waste management output, which increased by 7.0%.
Manufacturing was estimated to have increased by 0.5% on a year ago. Other manufacturing and repair provided the largest contribution to growth, increasing by 5.9%.
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