EEF NW comment on Industrial Output data

Commenting on  IoP data, David Ost, North West Region Director of EEF, the manufacturers’ organisation, said: “Manufacturing output surged in June with the strongest pace of increase since the end of 2010.

"In contrast to the significant sector divergence we’ve seen in the data in recent years all parts of manufacturing posted gains with chemicals, electrical equipment and transport showing particular strength over the past three months.

"The production data gives further weight to the view that manufacturing activity will continue to gain pace, becoming a more important contributor to growth in the year ahead.”