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Manufacturing sector "starting to claw back"

12 February 2010
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Manufacturing sector The latest data indicated that Britain''s manufacturing industry is "starting to claw back a little bit of that lost ground", one expert has declared.

According to Capital Economics'' chief European economist Jonathan Loynes, figures from the Office for National Statistics (ONS) are "better than expected".

However, he cautioned that the sector has been through a tough period during the "last 18 months or so" and added that the hope is that the economy will rebalance, with a greater emphasis on industry and exports in the future.

The ONS statistics for December''s manufacturing output showed a 0.9 per cent increase over the month, although it remained down 3.6 per cent year-on-year, highlighting the importance of operations management and continuous improvement efforts.

Production rose in 11 out of 13 sub-sectors of the industry, falling in just two, following a 0.1 per cent increase in gross domestic product during the fourth quarter of 2009, returning the UK economy to growth.ADNFCR-3058-ID-19613391-ADNFCR
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