UK Industrial Production Growth in June

The United Kingdom witnessed a notable increase in industrial production by 0.7% in June, as reported by the Office for National Statistics. This growth is a positive indicator of the country's economic resilience, with an annual increase of 0.2%.

Sector-wise Contributions

Electricity and gas emerged as the leading contributors, soaring by 3.3%, followed closely by manufacturing and water supply and sewerage, both recording a 0.5% increase. However, not all sectors shared in this upturn, with mining and quarrying experiencing a slight decline of 0.4%.

Quarterly Performance Overview

Despite the monthly gains, the second quarter presented a contrasting picture, with production output dipping by 0.3% compared to the preceding three months.