Steel Helps UK Production Increase 2.5%

Output rose by 2.5% over the year to November 2013 according to the ONS reflecting rises in manufacturing output and output in mining and quarrying and the water, sewerage and waste management sectors. The main contributors to the increase in manufacturing output were the manufacture of transport equipment, other manufacturing and repair and the manufacture of basic metals and metal products. Iron and steel made he largest contribution to the increase with growth of 34.3%, its highest since records began in January 1998.

Production Continues To Grow

The index of production for September was 3.8% higher than September 2009. The index for October 2010 rose by 3.3% compared with 2009. The index of manufacturing was 4.8% higher in September and 5.8% higher in October. Output increased in 10 of the 13 sub-sectors in both September and October and fell in 2 in September and 3 in October with the largest increases in machinery and equipment and basic metals and metal products in both months with increases of 21% and 12.6% respectively in September and 16.8% and 13.7% respectively in October.

In the euro area industrial production increased by 5.2% in September 2010 compared with September 2009 and 5.8% in the EU27. Capital goods grew by 7.5% in euro area and 8.7% in EU27, intermediates by 6.8% and 7.5% respectively, energy by 1.8% and 0.8%, non-durables by 1.6% and 2.5% respectively and durables by 0.2% in euro area and 2.2% in EU27.

Manufacturing Helps Production Index

The ONS index of production for July 2010 increased by 1.9% on last year. The index of manufacturing increased by 4.9%. Analysis of the figures for the most recent month on last year shows that 9 of the 13 manufacturing sub-sectors increased by 4 fell. Machinery and equipment and basic metals and metal products reported the largest increases.