Business, industry and trade
Turnover in production and services industries: Dec 2016
Construction output in Great Britain: Dec 2016 and Oct to Dec 2016
In December 2016, construction output rose by 1.8% compared with November 2016, largely due to an increase in new work.
Private commercial work was one of the main drivers behind construction growth, expanding by 5.2% in December.
Economy
Short-term indicators economic commentary: Feb 2017
Today’s (10 February 2017) data confirm that economic activity continued to expand at the end of 2016 – however, there was some variation across the headline industries.
Production output rose for the second consecutive month in December, a result of strong growth in manufacturing, especially in industries that produce pharmaceutical and metal products.
UK index of production: Dec 2016
The Index of Production for Quarter 4 (Oct to Dec) 2016 was estimated to have increased by 0.3%, revised upwards from 0.0% in the Gross domestic product preliminary estimate: Oct to Dec 2016.
Manufacturing provided the largest contribution to quarterly growth, largely due to a strong increase in the volatile pharmaceuticals industry.
UK trade: Dec 2016
The UK trade deficit on goods and services narrowed to £8.6 billion in Quarter 4 (Oct to Dec) 2016, following a sharp widening of the deficit in Quarter 3 (July to Sept) 2016; this narrowing was predominantly due to an increase in exports of goods to non-EU countries.
At the commodity level, the main causes of the narrowing of the deficit in Quarter 4 were increased exports of non-monetary gold, oil and aircraft as well as a decrease in imports of non-monetary gold.
Commenting on today's short term indicator data, senior statistician Kate Davies said:
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