Saturday, 14 May 2011

Manufacturing Up By 2.7%

The index of production from thew ONS increased by 0.7% in March 2011 compared with March 2010. Manufacturing increased by 2.7% over the same period (figures are seasonally adjusted). The energy supply sector is also helping to drive growth.

Over the last quarter production grew by 0.2% with manufacturing growing by 1.1%. The largest contributions to the growth in manufacturing were in transport equipment (5.1%), food, drink and tobacco (1.4%) and electrical and optical equipment (2.9%). Mining and quarrying fell by 10.7% in March on March a year ago and by 1.4% on the quarter.

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