UK Q3 2024 production output down 0.2% QoQ, manufacturing up 0.2%: ONS

Manufacturing output increased by 0.2 per cent QoQ in Q3 2024; this was largely because of monthly weakness during April and May this year, affecting Q2 manufacturing output which down by 0.7 per cent QoQ.

Production output is estimated to have decreased by 0.5 per cent month on month (MoM) in September this year; this follows a decrease of 0.7 per cent in July and an increase of 0.5 per cent in August (both unrevised).

Monthly production output in September was at its lowest level since May 2020, an ONS release said.

The monthly production output decrease in September resulted primarily from a decrease of 1 per cent in manufacturing, which saw decreases in eight of its 13 sub-sectors.

Fibre2Fashion News Desk (DS)