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Manufacturing index expands in February

12 April 2010
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Manufacturing index expands in FebruaryThe UK''s index of manufacturing rose during February 2010 by 1.4 per cent on a seasonally-adjusted basis year-on-year.

According to the latest figures from the Office for National Statistics (ONS), the overall index of production dipped by 0.1 per cent during the month.

However, the manufacturing industry witnessed a strong climb compared with February 2009 and output rose in eight out ten sub-sectors, with the largest increases recorded in transport equipment (16.9 per cent) and food, drink and tobacco (2.8 per cent).

An annual change of 51.6 per cent was witnessed in the manufacture of motor vehicles in the UK, something which may particularly interest operations management professionals in the industry.

Commenting on the strong February data, RLAM economist Ian Kernohan pointed to other positive figures released recently from the Organisation for Economic Cooperation and Development and the purchasing managers'' index and remarked: "The UK manufacturing sector looks to be participating in a general upturn in global trade."ADNFCR-3058-ID-19715609-ADNFCR
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