Britain's official manufacturing output highest for 16 years

8th July 2010, Comments 0 comments

British manufacturing output surged by 4.3 percent in May from the level 12 months earlier -- the highest annual rate for nearly 16 years -- official data showed on Thursday.

On a monthly basis it rose by 0.3 percent in May from output in April, the Office for National Statistics said in a statement.

"Total manufacturing output rose by 4.3 percent in May 2010 compared to the same month a year ago. This is the strongest picture since December 1994," the ONS said in a statement.

"The largest contributors to the rise were the machinery and equipment industries, which rose by 13.7 percent and the basic metals and metal products industries, which increased by 9.0 percent.

"The largest decrease in output over the same period was 3.2 percent in the chemicals and man-made fibres industries," the ONS added.

© 2010 AFP

0 Comments To This Article