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British manufacturing output rises at fastest pace for six months

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British manufacturing output rises at fastest pace for six months

British manufacturing output rose in September and the country’s goods trade deficit narrowed, according to data from the Office for National Statistics.

Manufacturing output is rising at its fastest pace since April 2014, surging to 0.8 percent in September – double the pace of August.

Results for British manufacturing and trade have been poor over the past couple of years, but the fast increase is a good indication of economic recovery.

A strong strengthening of the pound and difficulties with Greece have hit manufacturers hard this year. However, according to figures released today, the trade goods deficit narrowed to £9.351 billion in September; a sign that the industry may start to find it easier.