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Index of Production, UK: July 2023
Monthly production output is estimated to have fallen 0.7% in July 2023; this follows an unrevised growth of 1.8% in June 2023. The monthly decrease in output in July 2023 resulted from a decline in three of the four production sectors, with manufacturing being the main contributor to the monthly fall (0.8%) with other smaller contributing decreases in electricity and gas (1.5%) and water supply and sewerage (0.5%); this was partially offset by a rise in mining and quarrying (1.9%). Monthly manufacturing output decreased by 0.8% and saw decreases in 9 of its 13 subsectors during July 2023; most notably, manufacture ... (full story)