June, the Fastest Growing Manufacturing Sector UK

Production growth in the UK manufacturing sector rose at its fastest pace in June 2013. According to data from the National Statistics Office (ONS), this is the fastest growth since the end of 2010. Manufacturing production rose 1.9 percent compared to June after always recorded a decline in May and April.
This increase is two times higher than analyst predictions. This growth is fueled by economic data that showed improvement in the UK economy. In general, industrial production consisting of manufacturing and mining production rose 1.1 percent in May and June.
┬╗Data production in the manufacturing sector, this is a picture that the manufacturing sector will continue to gain momentum and become a more important contributor to economic growth in the years ahead,” said economist for Manufacturing Sector in UK Manufacturing organization, EEF, Lee Hopley, as quoted by page BBC, Tuesday, August 6, 2013.
Growth in the manufacturing sector is the most widely contributed by transportation equipment sector (5.3 percent). ┬╗Industrial electrical equipment and transportation has shown a positive trend in the last three months,” he said. UK manufacturing production rose 0.7 planners in the first and second quarter of 2013.
Growth in the UK manufacturing sector is hampered by the decrease in gas processing and oil production in the UK as well as in the energy sector lower.

Production of Large and Medium Manufacturing Industries Second Quarter Up 6.57%

Growth in production of large and medium manufacturing industries (IBS) in the second quarter rose 6.57% compared to the second quarter of 2012. Central Statistics Agency (BPS), the increase is mainly due to increase in industrial production printing and reproduction of recorded media (19.6%), industrial motor vehicles, trailers and semi-trailers (17.96%), and basic metal industries (15, 67%).

While the types of industries that are declining industrial machinery and equipment were down 13.61%. Textile industry fell 12.46%, industrial rubber, plastic and rubber goods fell 10.7%.

Growth in industrial production and manufacturing of the second quarter were up 1.12% compared to the first quarter The types of industries that experienced the largest increase in electrical appliances rose 10.12%, up 6.42% food industry, and other manufacturing industries rose 6.01%.

While the types of industries that are declining industrial production of chemicals and chemical goods fell 7.76%. Industrial machinery and equipment fell 6.8%, and paper and paper products fell 2.67%.

Bengkulu recorded the highest growth of 16.09%. Up 15.9% of South Sumatra and Riau Islands rose 14.01%. Growth in industrial production and manufacturing of the second quarter were highest in North Sumatra rose 6.04%, up 5.81% West Sulawesi, and East Nusa Tenggara rose 5.17%. Provinces is decreased down 1.2% South Sulawesi and Central Java was down 0.05%