Manufacturing Output Up

Manufacturing Output Up.

The Office for National Statistics (ONS) has released its figures for manufacturing. Over March and April, manufacturing increased by 0.4%. The data included North Sea oil production and power generation.

Although the sector remains strong being boosted by the manufacture of rubber and other non-metallic products, it is still lower than the 2008 peak.

The sub sector for rubber and other non-metallic products was the best performing contributor to the manufacturing sector, increasing by 18%. This was the biggest increase since 1973. Compared with the same point last year the sector increased by 4.4%.

Despite the sector still remaining below the 2008 peak experts are still happy with the increase.

This was the 5^th consecutive month that manufacturing output had seen growth and this provides further proof that the UK economy is continuing to grow.