Friday, March 10, 2017

ONS releases - Turnover in production and services industries: Jan 2017, Short-term indicators economic commentary: Mar 2017, UK index of production: Jan 2017, UK trade: Jan 2017, Construction output in Great Britain: Jan 2017 and new orders Oct to Dec 2016

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10 March 2017

Business, industry and trade

Turnover in production and services industries: Jan 2017

Construction output in Great Britain: Jan 2017 and new orders Oct to Dec 2016

In January 2017, construction output fell by 0.4% compared with December 2016. However, output grew on a 3 month on 3 month basis by 1.8%.

Repair and maintenance fell 1.3% month-on-month in January, with decreases in public housing and non-housing repair and maintenance.


Economy

Short-term indicators economic commentary: Mar 2017

ONS has today published short-term indicator data for January, covering production (including manufacturing), construction and trade. 

Taking the last three months together, construction and manufacturing both grew strongly, with a considerable narrowing in Britain's trade deficit. However, both manufacturing and construction were broadly flat on the month with the trade balance little changed.

Statistician Kate Davies comments on today's release:

kate davies 10 march

  

UK index of production: Jan 2017

In the 3 months to January 2017, total production was estimated to have increased by 1.9%, with manufacturing providing the largest contribution increasing by 2.1%, its strongest growth since May 2010.

The highly volatile pharmaceuticals sector provided the largest contribution to the manufacturing increase, along with smaller upwards contributions from a range of other manufacturing industries.

Let us know what you think of our new Index of Production bulletin

UK trade: Jan 2017

The trade deficit in goods and services in January 2017 was £2.0 billion, unchanged from December 2016.

Between the 3 months to October 2016 and the 3 months to January 2017, the total trade deficit (goods and services) narrowed by £4.7 billion to £6.4 billion.

We've made some changes to our bulletins. Tell us what you think of our new UK Trade bulletin


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