Summary of the Index of Production, January 2013

Figure 1: Seasonally adjusted production and manufacturing

Source: Monthly Business Survey (Production and Services) - Office for National Statistics

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The seasonally adjusted index fell by 2.9% in January 2013 compared with January 2012. There were falls of 9.3% in mining and quarrying, 3.0% in manufacturing and 2.2% in the waste management sector. Partially offsetting these falls was a 4.5% increase in the energy supply sector.

Between December 2012 and January 2013 the Index of Production fell by 1.2% largely due to a fall in the manufacturing sector of 1.5%. This follows rises of 1.1% in production and 1.5% in manufacturing between November and December 2012. This means that both these sectors return to levels similar to November 2012.

The suspension of production at the Schiehallion oil platform contributed to the fall in the extraction of oil and gas of 15.0% between January 2013 and January 2012, and a fall of 4.3% when comparing January 2013 with December 2012.

Energy supply output increased in January 2013.

Source: Office for National Statistics

Background notes

1. Production and Manufacturing data is from the latest “Index of Production Bulletin” published on the 12 March 2013.

2. Details of the policy governing the release of new data are available by visiting www.statisticsauthority.gov.uk/assessment/code-of-practice/index.html or from the Media Relations Office email: media.relations@ons.gsi.gov.uk

   These National Statistics are produced to high professional standards and released according to the arrangements approved by the UK Statistics Authority.