Manufacturing output eases upwards

Manufacturing News, Source : TheManufacturer.com
Published : 22 Dec 2005 14:47

Manufacturing output increased by 0.3 per cent during the third quarter of the year, according to the Government’s latest UK financial healthcheck.

Manufacturing output is now 0.1 per cent higher than in the same period a year ago.

Overall, the quarter’s growth was driven by a rise of 0.7 per cent in the service sector.

For manufacturing, the largest output increases were in the transport equipment industries (including cars), the chemicals and man-made fibres industries, and the electrical and optical equipment industries (including computers).

Construction sector output rose by 0.5 per cent in the third quarter.

Exports during the quarter fell by 0.4 per cent, within which exports of goods rose by 0.4 per cent and exports of services fell by two per cent. Imports rose by 1.9 per cent as imports of goods rose by 2.6 per cent and imports of services fell by 0.8 per cent.

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