Short-term output indicators: October to December 2018

The reports ‘Index of market services’ and ‘Index of production and index of construction’ have been combined into one report to simplify the user experience.

Main points

• The Index of Market Services for Wales increased by 2.4% in 2018 compared with 2017. UK output increased by 2.1% over the same period. The growth in Wales was largely accounted for by an increase in Distribution and Professional, Scientific & Technical Activities.
• There was a 0.8% increase in the latest quarter compared with the previous quarter in Wales. UK output increased by 0.4%, over the same period.
• The Index of Production for Wales decreased by 1.9% in 2018 compared with 2017. UK output increased by 0.8% over the same period. The decrease in Wales was largely accounted for by falls in output in Basic Metals and Metal Products.
• The short term trend for Wales shows a 1.2% decrease when comparing the latest quarter to the previous quarter. UK output decreased by 0.8%, over the same period.
• The Index of Construction for Wales increased by 17.8% in 2018 compared with 2017. UK output increased by 0.3% over the same period.
• The short term trend for Wales shows a 5.1% increase when comparing the latest quarter to the previous quarter. In the UK output decreased by 0.5% over the same period.