By Marcus Leach
The latest manufacturing figures join the stream of recent economic data that suggests a vast improvement in the UK economy.
Official figures released by the Office for National Statistics (ONS) showed that manufacturing output surged in June at the strongest pace since the end of 2010.
Manufacturing output rose 1.9% month-on-month in June, following declines in both May and April. This growth came at more than twice the rate expected by analysts.
“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," Ms Lee Hopley, Chief Economist at EEF, the manufacturers’ organisation, said.
"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.”
Manufacturers reported rises in output across all sectors, with the strongest contribution coming from transport equipment, up 5.3%.
Manufacturing output was up 0.7% between the first and second quarters of 2013 and up 2% from June 2012.
The statistics mirrored the recent manufacturing PMI survey by Markit, which indicated that the sector grew at its fastest pace for more than two years in July.
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