Friday, April 7, 2017

ONS releases - Construction output in Great Britain: Feb 2017, UK index of production: Feb 2017, Short-term indicators economic commentary: Apr 2017, UK trade: Feb 2017, and Find our about Census Test day taking place this Sunday

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7 April 2017

Business, industry and trade

Construction output in Great Britain: Feb 2017

Output in the construction industry grew for the fourth consecutive period on a 3 month on 3 month basis, increasing by 1.5%.

Despite growing 3 month on 3 month, output fell by 1.7% in February 2017 in comparison to January 2017.

Turnover in production and services industries: Feb 2017

Monthly turnover, exports, and orders for the production and services industries.


Economy

UK index of production: Feb 2017

In the 3 months to February 2017, manufacturing increased by 2.1% (unchanged from the 3 months to January 2017), continuing its strongest growth since May 2010 – total production was estimated to have increased by 1.6%, with manufacturing providing the largest contribution.

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

Short-term indicators economic commentary: Apr 2017

Today's (7 April 2017) data show that overall UK economic activity was relatively subdued in February, following strong growth across the headline industries at the end of 2016.

Commenting on today's short-term indicators data, ONS senior statistician Kate Davies said:

kate davies 7 april quote

UK trade: Feb 2017

The deficit on trade in goods and services widened to £3.7 billion in February 2017 from a revised deficit of £3.0 billion in January 2017, predominantly due to an increase in imports of erratic goods; excluding erratic goods, the trade deficit narrowed to £2.5 billion in February 2017 from a revised deficit of £3.0 billion in January 2017.

In the 3 months to February 2017, the deficit on trade in goods and services narrowed to £8.5 billion, reflecting a higher increase in exports than imports, mainly due to increases in exports of machinery and transport equipment, oil and chemicals; the deficit on trade in goods excluding oil and erratic commodities widened in the 3 months to February, continuing the trend seen in the rolling 3-month period since August 2016.


Preparation full steam ahead for 2021 Census with the 2017 Census Test 

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