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Index of Production, UK: June 2023
Monthly production output is estimated to have risen 1.8% in June 2023, the strongest monthly growth to the Index of Production (IoP) since August 2020 (1.9%); this follows an unrevised fall of 0.6% in May 2023. The monthly increase in IoP output in June 2023 resulted from a rise in two of the four production sectors, with manufacturing being the main positive contributor (1.7 percentage points), with a smaller contribution from water supply and sewerage (0.2 percentage points); electricity and gas remain unchanged on the month, with growth partially offset by a small contribution from mining and quarrying, which ... (full story)