Index of Production and Construction, Quarter 1 2012

The Index of Production and the Index of Construction for Wales show the short term movements in the output of industries in the production and construction sectors within Wales including new data for the three months to March relating to the first quarter of 2012.

Statistics on the Index of Production and the Index of Construction include data for Wales and the UK for the period up to Quarter 1 2012. The latest release updates the statistics previously released on 10 April 2012.

The key messages from the release are:

• The longer term trend for the Index of Production for Wales shows a fall of 3.4 per cent when comparing the latest four quarters to the previous four quarters.  UK output also fell, down 2.0 per cent. The short term quarterly movements rose in Wales (up 4.3 per cent) whilst the UK output fell (down 0.5 per cent). The fall over the longer term in Wales was largely accounted for by falls in other manufacturing and computer & electronic products. In the UK the fall was largely accounted for by chemicals and pharmaceuticals.
• The longer term trend for the Index of Construction for Wales shows a fall of 2.3 per cent when comparing the latest four quarters to the previous four quarters. UK output rose by 0.4 per cent.  The short term quarterly movements in the construction industry show falls for both Wales and the UK with the fall in Wales larger than that for the UK (9.9 per cent compared to 4.9 per cent).

Stats Wales tables will be published in due course.

Further information

StatsWales website.

Contact

Tel: 029 2082 5017
E-mail: economic.stats@wales.gsi.gov.uk

Next update

9 October 2012