Friday, February 10, 2017

ONS releases - Short-term indicators economic commentary: Feb 2017, UK index of production: Dec 2016, UK trade: Dec 2016, Construction output in Great Britain: Dec 2016 and Oct to Dec 2016

Logo

View in browser

10 February 2017

Business, industry and trade

Turnover in production and services industries: Dec 2016

Construction output in Great Britain: Dec 2016 and Oct to Dec 2016

In December 2016, construction output rose by 1.8% compared with November 2016, largely due to an increase in new work.

Private commercial work was one of the main drivers behind construction growth, expanding by 5.2% in December.


Economy

Short-term indicators economic commentary: Feb 2017

Today's (10 February 2017) data confirm that economic activity continued to expand at the end of 2016 – however, there was some variation across the headline industries.

Production output rose for the second consecutive month in December, a result of strong growth in manufacturing, especially in industries that produce pharmaceutical and metal products.

UK index of production: Dec 2016

The Index of Production for Quarter 4 (Oct to Dec) 2016 was estimated to have increased by 0.3%, revised upwards from 0.0% in the Gross domestic product preliminary estimate: Oct to Dec 2016.

Manufacturing provided the largest contribution to quarterly growth, largely due to a strong increase in the volatile pharmaceuticals industry.

UK trade: Dec 2016

The UK trade deficit on goods and services narrowed to £8.6 billion in Quarter 4 (Oct to Dec) 2016, following a sharp widening of the deficit in Quarter 3 (July to Sept) 2016; this narrowing was predominantly due to an increase in exports of goods to non-EU countries.

At the commodity level, the main causes of the narrowing of the deficit in Quarter 4 were increased exports of non-monetary gold, oil and aircraft as well as a decrease in imports of non-monetary gold.

Commenting on today's short term indicator data, senior statistician Kate Davies said: 

kate davies quote 10 feb

As part of our data discovery project, we are seeking information on how you use our datasets: https://www.surveymonkey.co.uk/r/FZZ9DLQ

local map from website

Looking for local statistics?

A handy guide to let you know where to find local statistics.

Census logo

Census

Discover how our census statistics help paint a picture of the nation and how we live.

visual promo image

Visual.ONS

Visual.ONS is a website exploring new approaches to making ONS statistics accessible and relevant to a wide public audience.


This email was sent using GovDelivery, on behalf of: Office for National Statistics · Room 1.101 · Government Buildings · Cardiff Road · Newport · South Wales · NP10 8XG · 0845 601 3034 Powered by GovDelivery

No comments:

Post a Comment