- Manufacturing output in September 2015 was up 0.8% on the month but down 0.6% on the year
- Total industrial production in September was down 0.2% on the month and up 1.1% on the year
Commenting on the index of production figures for September 2015 published today by the ONS, David Kern, Chief Economist at the British Chambers of Commerce (BCC) said:
“Although manufacturing output improved noticeably in September, the sectors longer term performance is still inadequate. Taking Q3 2015 as a whole manufacturing recorded declines both on the quarter and on the year.
“The manufacturing sector is facing many obstacles as a result of difficult global circumstances – Eurozone growth remains weak and there is instability in China.
“While our economy relies increasingly on our dynamic services sector, a healthy manufacturing industry is vital for innovation, productivity and exports. The manufacturing sector requires as much support as possible – with a focus on boosting skills and access to finance – to compete in global markets.”