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The United Kingdom industry-inch up in January

01 February, 20:14

UK manufacturing industry increased slightly in the past month, gives hope that the economy can avoid sliding into a triple recession.


factory, production grew at the fastest pace since September 2011, according to official data, today.


Markit/CIPS Manufacturing Purchasing managers Index fell to 50.8 in January, with lower-revised 51.2 in December. He went below, but above the 50 level that separates growth from contraction.


"the second consecutive month of improvement of business conditions in the manufacturing sector is an encouraging start to 2013", - Rob Dobson, senior economist at Markit, said today.


however, Dobson stressed that production is only about 10 percent of the economy, and that the research will have a limited impact, if not "accompanied by improvements in the services sector, disease, the fastest pace in two years in December".


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Production in the construction sector edge-to-0.9 percent in the fourth quarter of

08 February, 17:50

UK manufacturing construction increased more than first thought in the last three months of the year, pointing to a slight improvement of overall economic output, data for today.


the Official data of the national Bureau of statistics shows that the construction sector, which is about seven per cent of the economy - increased by 0.9% in the fourth quarter, compared with 0.3%in the preliminary forecasts.


a Big drops in production of construction has been an important factor, UK recession at the end of 2011 and the first half of 2012, and the country stood on the decline over the last three months of the year 2012, the fears of renewed recession.


however, production in the construction sector in the fourth quarter grew by 9.3% year-on-year, continuing the trend of the annual falls operation in 2011.


the UK economy emerged from recession in the third quarter of 2012, partly because of the Olympic games in London, but slipped and again in the fight in the fourth quarter due to the continued fall in oil and gas production, and, in the end, the Olympic momentum.


     
     
  Starlight Suite  
 

ADDRESS: Enfield Football Club Southbury Rd

CITY: Enfield

COUNTY: London

POST CODE: EN1 1YQ

TELEPHONE NUMBER: 0208292 0665

CATEGORY: Conference Rooms and Centres

 

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