Index of Production (IoP) figures, released today, show total production output to have increased by 1.1% between October 2013 and October 2014, with manufacturing (the largest component of production) growing by 1.7%.
The monthly estimates from the Office for National Statistics (ONS) show increases in eight of the 13 manufacturing subsectors compared with a year ago, with the largest contributor being the manufacture of food products, beverages and tobacco. However, compared to the previous month, ONS estimates that total production in October 2014 decreased by 0.1%, with…
This content is for subscribers only. Subscribe now for free to read the full article.
Already a subscriber? Login
