United Kingdom manufacturing output rises for eighth month in a row

13 January, 2018, 16:58 | Author: Regina Silva
  • United Kingdom manufacturing output rises for eighth month in a row

On a monthly basis, the sector grew by a better than expected 0.4% in November.

The latest data suggests manufacturing will make a positive contribution to GDP growth for the final quarter of 2017 - though it has a much smaller impact than the dominant services sector, which represents four-fifths of United Kingdom output.

For the November month, the total production of the industry was collected to have risen by 0.4 % as compared with the last month, recording the huge contribution getting from the energy supply.

Construction fell by 2% in the three months to November compared to the previous 3-month window, representing the sectors worst quarterly fall since the summer of 2012, although there was a 1.2% rise in new housing construction.

Earlier this month IHS Markit's purchasing managers' index (PMI) for the sector showed a drop in commercial activity was holding back growth. Before the decline in United Kingdom heavy industry, the sector accounted for a quarter of national GDP.

Private commercial work decreased by £401m in November 2017. Meanwhile, both total housing fix and maintenance, and infrastructure continued their recent declines, falling by £164 million and £157 million respectively.

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"However we must not lose sight of the bigger picture", he added.

Robinson said the long-term outlook for the construction sector was positive because the country's housing and infrastructure challenges would require significant investment.

"Theresa May [the prime minister] has just named the seventh housing minister since 2010 in the midst of a nationwide housing crisis, and I urge the new Minister to look seriously at the role local councils can play in affordable housing delivery".

The news prompted one public-sector body to call for a "revolution in council housebuilding".

"The Government must also seek to create a more connected Britain, and a stronger Northern Powerhouse and Midlands Engine".

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