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UK manufacturing figures reveal production decline

13 January 2012
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UK manufacturing figures reveal production declineThose involved in demand planning in the manufacturing industry may be slightly concerned after the latest figures showed production in the UK has dropped once again.

According to the Office for National Statistics (ONS), the month between October and November was a bad one for the industrial production market in general.

In the manufacturing sector – which had previously shown signs of growth and positivity – a rare decline was reported.

Every month since February 2010 had witnessed a rise in manufacturing, but the run has now been broken.

Year-on-year, manufacturing levels were revealed to be 0.6 per cent down, compared with November 2010.

The ONS suggested that one of the largest contributing factors to the figures was the slowing of demand from the eurozon, which is one of the UK's greatest trade partners.

Last month, the Confederation of British Industry reported a weakening in the state of order books for December.ADNFCR-3058-ID-801264109-ADNFCR
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