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Latest News

UK manufacturing shows biggest slump for decade

by Personnel Today 6 Nov 2001
by Personnel Today 6 Nov 2001

Manufacturing
output in the UK last month fell by the largest amount for nearly a decade.

Figures
from the Office for National Statistics show that output reduced by 1.6 per
cent in September, the biggest monthly fall since May 1992 when a 1.7 per cent
slump was recorded.

The
figure was below economists’ expectations and reverses a 1.2 per cent increase
in output recorded in August as a result of higher car production.

There
were significant reductions in electrical and optical equipment, paper,
printing, publishing and transport equipment.

Computers
and the mobile phone industry also recorded significant drops in output.

Manufacturing
output fell by 0.8 per cent compared to the same quarter last year and output
in production industries reduced by 0.6 per cent.

By Ben Willmott

Personnel Today
Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

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