Business, industry and trade The underlying pattern in the retail industry in November 2017, as suggested by the three-month on three-month measure remains one of growth, with the quantity bought increasing by 0.8%. When compared with October 2017, the quantity bought in November 2017 increased by 1.1%, with household goods stores showing strong growth at 2.9%. Retailers' feedback suggests that "Black Friday" events contributed to the monthly increase in household goods stores, with electrical household appliances making the largest contribution to the growth. The year-on-year growth rate shows the quantity bought increased by 1.6%. Total average store prices increased by 3.1% in November 2017 when compared with the same period last year, with price increases across all store types, in particular food stores had the largest price increase of 3.6% since September 2013. The value of UK manufacturers' product sales was £364.7 billion in 2016, a 1.8% increase on the 2015 total of £358.1 billion; this rise in sales is a reverse of the fall seen in 2015 and continues the trend since 2009. The value of UK manufacturers' product sales of £364.7 billion in 2016 presents a mixed picture with half the divisions increasing and half decreasing; manufacturing of motor vehicles, trailers and semi-trailers experienced the largest increase between 2015 and 2016 of £6.2 billion (12.8%). Increases in manufacturers' sales were also reported by divisions such as basic pharmaceutical products and pharmaceutical preparations (£1.7 billion or 15.5%), furniture (£512 million or 7.6%), chemicals (£503 million or 2.5%) and other transport equipment (£500 million or 1.8%). The manufacturing of machinery and equipment saw the largest decline between 2015 and 2016, decreasing by £905 million (3.7%) to £23.9 billion. in 2016 UK manufacturers' sales make up approximately 8.8% of total EU sales, the fourth-largest producer behind Germany, Italy and France. With Star Wars: The Last Jedi and Paddington 2 dominating the cinemas, how much is the industry worth to the UK economy? Our latest article on Visual.ONS examines the rise of the UK film industry over the last decade and explores the impact of big-budget productions. |
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