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Improvements in UK manufacturing forecast from Feb
12 January 2012
Manufacturing management professionals may be cheered by the prediction that the situation for manufacturers in the UK will start to improve from February.
According to the chairman of British Made for Quality, the sector will start to see growth from next month onwards following a slow start to 2012.
Julian Baseley explained that a slowdown in European orders over the past quarter had a significant impact on the industry.
However, he noted: "The UK and other areas of export seem to be holding up reasonably well."
The campaign group head added that nations in the Middle East, Asia and South America do not appear to be suffering the same economic problems as the west and activity is forecast to pick up in February 2012 as a result.
Figures for the manufacturing industry published earlier this month by Markit and the CIPS showed that although production stalled in the sector during December, the purchasing managers' index increased from the previous month to 49.6, indicating a slight contraction in activity.
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