Calls for caution as ONS publishes growth figures

Posted on 13 May 2011 by The Manufacturer

Manufacturing output showed relatively good growth this year, but a lack of investment and rising input prices are starting to damage profits.

Those sub-sectors that experienced a growth in output over the past year included the transport equipment industries which increased by 9.6 per cent, the food, drink and tobacco industries which increased by 5.3 per cent and the machinery and equipment industries which increased by 7.7 per cent. In the period from March to February, manufacturing…

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