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UK manufacturing outstrips index of production
14 January 2011
The UK's manufacturing index increased in November 2010 by 5.6 per cent year-on-year, official data show.
A report from the Office for National Statistics (ONS) reveals the sector outstripped the overall index of production for the month, which grew by 3.3 per cent over the 12 months.
Manufacturing output was up in 12 out of 13 sub-sectors of manufacturing in the year to November, falling in one field, with the largest rises in the machinery and equipment market (+20 per cent) and food, drink and tobacco (+8.7 per cent).
Individuals involved in demand planning and operations management within the industry may be interested to learn companies creating machinery for the production of mechanical power saw a 53.3 per cent climb in output, while manufacturers of other special purpose machinery saw it rise 37 per cent and those specialising in meat and meat products reported a 22.2 per cent increase.
The recent purchasing managers' index from Markit and CIPS indicated the manufacturing sector is driving economic growth in the UK, with exports boosting activity to a 16-year high during December 2010.
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