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UK manufacturing production rates rise

21 January 2010
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UK manufacturing production rates riseThe rate of production in the UK''s manufacturing sector increased for the first time in two years, new data reveals.

A new report from the Confederation of British Industry (CBI) suggests output increased, with 31 per cent of 461 producers polled reporting a rise in output over the quarter to January.

According to the latest Industrial Trends Survey from the organisation, the balance for the period in question was +11 per cent, with export orders boosted by the current weakness of the pound.

"After nearly two full years of falling output, manufacturers are seeing a return to modest growth, thanks in part to improved overseas demand and much slower stock reductions," CBI chief economic adviser Ian McCafferty commented.

However, he also warned that the outlook for the sector remains uncertain, something that improving manufacturing processes through an APICS qualification could assist with.

Data published earlier this month by the Office for National Statistics indicated that industrial production output climbed by 0.4 per cent between October and November 2009, following a dip of 0.1 per cent the previous month. ADNFCR-3058-ID-19570466-ADNFCR
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