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UK industrial output posts zero monthly growth in October


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UK industrial output posts zero monthly growth in October

British industrial production posted zero growth in October compared with September, while construction output contracted during the month, the Office for National Statistics reported.

Year over year, industrial production advanced by 3.6%. Manufacturing output increased by 3.9%. In the three months to October, total production rose by 1.2% compared with 1.1% growth in the three months to September.

In monthly terms, energy supply decreased 3.3%, providing the biggest downward contribution to industrial output versus September. Its effect was tempered by a 2.7% increase in mining and quarrying and a 3.6% rise in oil and gas extraction.

In a separate data set, the statistical agency reported a 1.7% decline in construction output month over month in October due to a 1.5% fall in new work and a 2.0% drop in repair and maintenance.

Construction output contracted 1.4% three-month over three-month in October. Year over year, output dipped 0.2%, the statistical agency said.