May 16, 2020

Manufacturing output in the UK hits highest rate in 10 years

Output
UK
Economy
UK
Sophie Chapman
1 min
The UK’s manufacturing output has grown at its fastest rate since early 2008, 10 years ago.

This follows the news that November 2017 was the industry...

The UK’s manufacturing output has grown at its fastest rate since early 2008, 10 years ago.

This follows the news that November 2017 was the industry’s best quarter for three and a half years, and the seventh consecutive month of expansion.

Sectors such as renewable energy projects, boats, aeroplanes, and cars for exports aided the UK’s output, making it 3.9% higher in the third quarter of 2017 than 2016.

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The nation’s industrial output rose by 0.4% in November, whereas the construction industry’s output fell by 2% in third quarter from the second.

Total production across the UK rose by 0.4% from October to November last year, with energy supply contributing the most, says the BBC.

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