EEF NW comment on GDP data

Commenting on today’s GDP data, Darrell Matthews, North West Region Director at EEF, the manufacturers’ organisation, said: “Growth across the UK economy has picked up again in the third quarter of this year according to the first estimates from ONS.

"With three consecutive quarters of growth and a clean sweep of positive numbers across all the major economic sectors, this is the strongest run of data for three years. Manufacturing also now seems to have some get up and go with the recent expansion the fastest since 2010q3, and is bang in line with all the survey evidence we have seen in recent months.

"This is particularly encouraging following the on-off recovery over the past few years and suggests that the monthly contraction in industrial output in August was fully reversed in September.”