GDP rises while manufacturing output falls

Posted on 27 Oct 2015 by Fred Tongue

GDP has risen by 0.5%, but manufacturing output has fallen by 0.3%, according to the latest report from the Office for National Statistics (ONS).

The report says that the production industry – comprising of manufacturing, mining & quarrying, and energy supply – increased output by 0.3%, despite the fall in manufacturing output. This is the third quarter in a row that has seen manufacturing output fall, with the first quarter of the year seeing a 0.1% decrease and the second…

This content is for subscribers only. Subscribe now for free to read the full article.