Disappointing data… what’s the real story?

Posted on 9 Jul 2013 by The Manufacturer

Senior Economist at EEF, Rachel Pettigrew, delves deeper into the surprising output drop from UK manufacturing in May.

Today’s data looks disappointing at face value… Today’s official statistics cast a bit of a cloud over the manufacturing sector and the positive run of data we have seen in recent months. The trade and production figures released today indicate the Manufacturing sector faced a difficult May: Manufacturing output fell 0.8%; The trade deficit widened…

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