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September sees rise in UK production index
9 November 2010
The UK's Index of Production rose during September 2010 compared with the previous month, official data show.
Overall output was up by 0.4 per cent from August, boosted by a 1.3 per cent jump in mining and quarrying and energy supply figures.
In addition, the measure of production has risen by 3.8 per cent year-on-year over the 12 months to September.
According to the Office for National Statistics (ONS), the Index of Production has fallen back from a high of almost 102 reached in 2008.
In the manufacturing industry, those concerned with demand planning may be interested to learn the report reveals an annual boost in output of 4.8 per cent in September, while the index increased by 0.1 per cent over the month from August.
High levels of activity were recorded in the machinery and equipment, metals, and food, drink and tobacco sectors of the market.
The ONS figures come after a report from Markit and CIPS showed acceleration in the UK's purchasing managers' index during October, with the measure rising over the month from 53.4 in September to 54.9.
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