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UK manufacturing output lower than anticipated
13 May 2011
The latest figures for industrial output in the UK are lower than forecast by experts.
Data published by the Office for National Statistics (ONS) show a 1.2 per cent decline in February was reversed in March, with activity up by 0.3 per cent.
However, this is lower than a predicted rise of 0.8 per cent for the month, indicating there has been a slowdown in the sector's economic recovery, the Guardian reports.
According to the ONS, manufacturing output was 0.2 per cent higher over the month, having been stable in February 2011.
Operations management specialists are advised that Barclays Corporate head of manufacturing Mark Lee told the news source: "With UK exports to non-EU countries languishing, British manufacturing is now at risk of backsliding on the real gains the industry has made over the last 18 months."
Year-on-year, UK production was up by 0.7 per cent in March, the weakest result since February 2010, with energy and manufacturing activity driving the market.
The most recent figures for the manufacturing sector published by Markit and the CIPS showed the purchasing managers' index dropped back from 56.7 in March to 54.6 in April, as the pace of expansion slowed.
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