UK Manufacturing Grew Again in October

Mae Love
December 8, 2017

The rise was driven by manufacturing output, which rose 3.9 per cent year on year, while auto production rose 4.6 per cent between September and October, despite the industry's representative body saying earlier this week that sales in the United Kingdom are a "major concern".

Output plunged 1.4% in the three-months to October confiming more than six-months of slowdown in the industry. Manufacturing output was also forecast to remain flat in October.

This exceeded the previous quarterly record rise of 32% back in 1987, when new orders were placed for the construction of the Channel Tunnel.

Industrial production remained flat, as expected, after expanding 0.7 percent in September.

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Separate figures on the United Kingdom imports and exports showed the total trade deficit widened by £300 million to £1.4 billion between September and October as goods imports jumped 1.6%.

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

Another report from ONS showed that construction output declined 1.7 percent in October partly due to a 1.5 percent fall in all new work.

"However, construction orders for future work received a huge boost in the third quarter as many large HS2 contracts were awarded".

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