UK Industrial Output Climbs

In a positive turn for the UK economy, industrial production witnessed a 1.5% increase in February, as reported by the Office for National Statistics. This growth marks a notable uptick from the previous month's figures.

Sector-Wise Performance

Manufacturing leads the charge with a robust 2.2% growth, closely followed by the electricity and gas sector, which saw a 2% rise. However, not all sectors shared in the prosperity; mining and quarrying experienced a 3% decline.

Long-Term Growth Trends

Over the three months leading to February 2025, total production edged up by 0.7% compared to the preceding quarter. Year-over-year, the figures show a modest 0.1% increase from February 2024.