Short-term output indicators: October to December 2019

Data showing the short term movements in the output of industries in the production, construction and market services sectors for October to December 2019.

The most recent data in this report is for the year ending December 2019. The report does not cover the period of the coronavirus (COVID-19) crisis.

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 increased by 2.4% in 2019, compared with the previous twelve months. UK output increased by 1.7% over the same period. The growth in Wales was largely accounted for by an increase in Transport and Professional, Scientific and Technical Activities.

There was a slight decrease in the latest quarter compared with the previous quarter in Wales. UK output remained unchanged, over the same period.

The Index of Production for Wales decreased by 0.5% in 2019, compared with the previous twelve months. UK output decreased by 1.4% 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 5.0% increase when comparing the latest quarter to the previous quarter. UK output decreased by 0.7% over the same period.

The Index of Construction for Wales increased by 4.8% in 2019, compared with the previous twelve months. UK output increased by 2.3% over the same period.

The short term trend for Wales shows a 0.9% increase when comparing the latest quarter to the previous quarter. UK output remained broadly similar over the same period.

Note

The Office for National Statistics published experimental estimates of Welsh GDP for the first time in September 2019.

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