UK industrial output up 0.3pc

UK industrial output was up 0.3pc in July compared with the previous month.

Manufacturing output also maintained a healthy pace of growth, rising 0.3pc.

Recent surveys – particularly the purchasing managers index – suggested that momentum has slowed a little over the summer.

The three-month on three-month rate of growth in manufacturing eased to 0.9 per cent from 1.6 per cent, its lowest rate since February.

The statistics office said the monthly rise in industrial output was driven by increases in manufacturing and mining and quarrying and that there was scope for further gains as more oil rigs came back on stream in August.

Within the manufacturing sector the main rises were seen in the machinery and equipment, textiles and paper, printing and publishing categories. The main faller was transport equipment.

Add a Comment

In Other News