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Data showing the short term movements in the output of industries in the production, construction and market services sectors for January to March 2020.

The most recent data in this report is for the year ending March 2020. The report will cover a very short period of the coronavirus (COVID-19) pandemic.

Impact of coronavirus

Smaller sampler sizes in Wales make it difficult to interpret short term changes. There has also been an impact on data collection for this quarter as a result of the coronavirus pandemic.

We can’t say for certain that the recent changes are a result of the pandemic. The impact on the economy in Wales will become clearer as more data becomes available.

The chart shows the time series for the indices of production, construction, and market services since 1999. The overall trend is the indices of market services and production have generally increased since 1999. Whereas, the index of construction has fluctuated over the same time period.

Main points

The Index of Market Services for Wales had a slight increase in the year to March 2020, compared with the previous twelve months. UK output increased by 0.8% over the same period. The growth in Wales was largely accounted for by an increase in Professional, Scientific and Technical Activities and Transport.

There was a 3.2% decrease in the latest quarter compared with the previous quarter in Wales. UK output decreased by 2.0%, over the same period.

The Index of Production for Wales decreased by 1.7% in the year to March 2020, compared with the previous twelve months. UK output decreased by 2.3% over the same period. The growth in Wales was largely accounted for by an increase in Food, Beverages and Tobacco.

The short term trend for Wales shows a 13.0% decrease when comparing the latest quarter to the previous quarter. UK output decreased by 1.5% over the same period.

The Index of Construction for Wales increased by 0.2% in the year to March 2020, compared with the previous twelve months. UK output increased by 0.4% over the same period.

The short term trend for Wales shows a 0.4% decrease when comparing the latest quarter to the previous quarter. UK output decreased by 1.7% over the same period.

Note

The ONS published experimental estimates of Welsh GDP for the first time in September 2019.

Reports

Short-term output indicators, January to March 2020
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Data

Datasets and interactive tools

Contact

Alex Fitzpatrick

Telephone: 0300 025 9016

Media

Telephone: 0300 025 8099

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