The UK manufacturing output is at its highest rate for over 10 years, showing a seventh consecutive month of growth in November last year. It is expected that renewable energy projects, aerospace and car exports helped to make the output 3.9% higher in the three months to November 2017. Official figures have also shown that industrial output rose by 0.4% in November; however the construction output fell by 2%.
For November 2017, the total production output was estimated to have increased by 0.4% – the biggest contribution was from energy supply.Although these manufacturing figures are positive, it is important to recognise that the sector only makes up roughly 10% of the economy. Economic growth as a whole slowed throughout 2017 with higher inflation rates, however did see a growth of 0.4% in the three months to September.
