United Kingdom - Manufacturing Production Index and the Manufacturing PMI
by Eduardo Petazze
The UK –
released its Index of Production for September 2013 (
Production output rose by 0.6% between Q2 2013 and Q3 2013. By far the largest contribution to the quarterly growth in production cae fro anufacturing! which increased by 0."%. #oo$ing at the broader picture! production output was 2.2% higher in epteber 2013 copared with epteber 2012& reflecting an 11.'% rise in ining ( quarrying& 0.)% rise in anufacturing& *.1% rise in water supply! sewerage ( waste anageent& and 3.+% fall in electricity! gas! stea ( air conditioning. Production and anufacturing rose by 0."% and 1.2% respecti,ely between -ugust 2013 and epteber 2013.he preliinary estiate of /P
! contained a forecasted rise of 0.'% for production in Q3 2013. his release of data estiates that production rose by 0.6% between Q2 2013 and Q3 2013 and therefore ipact on the pre,iously published Q3 2013 /P estiate is inial.
!n the next pa"e the e#olution of manufacturin" production index ($ith our estimate for %&2013' compared to the PI indicator