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UK manufacturing output up 3.2%
on 07/09/2012 11:03:00
Manufacturing output grew by 3.2% in July, the Office for National Statistics (ONS) said, while the wider index of production grew by 2.9%.
The largest contributions to the month on month rise in manufacturing output came from the manufacture of basic metals and metal products, which rose by 6.2%, followed by the manufacture of transport equipment, which rose by 6.3%, the ONS added.
Howard Archer, chief UK and European economist at HIS Global Insight, said the sharp rebound provided a "significant lift" to growth prospects in the third quarter, after three quarters of contracting gross domestic product (GDP).
