Friday, 8 December 2017

UK Manufacturing sector expands for sixth month in October

UK manufacturing output expanded for the sixth consecutive month in October, helped by record car production.

Official figures showed Britain's factories notched up the longest run of expansion for at least two decades.

Manufacturing output increased by 0.1% in October compared with the previous month, in line with expectations.

Despite a relatively subdued October, Kate Davies of the Office for National Statistics said "the longer-term picture is one of strong growth".

Annual growth in factory output hit 3.9% in October - the biggest increase since December 2016.
Manufacturing is part of the broader industrial sector. The ONS's wider measure of industrial output was unchanged on in October, ending a six-month run of increases.

BBC       News.