Thursday, September 21, 2006

UK manufacturers must think globally

Commenting on the ONS Manufacturing (Index of Production) figures for April 2006, Barclays, said that UK manufacturers need to 'think global' now more than ever.

Commenting on the ONS Manufacturing (Index of Production) figures for April 2006, Andy Martin, national director of manufacturing at Barclays, said: 'This surprise fall in the monthly figures demonstrates that UK manufacturers need to 'think global' now more than ever'.

'The reported lacklustre performance of some of the mainly UK-focused manufacturing industries underlines the importance of the strengthening global economy and, specifically, international export markets to UK manufacturers'.

'That said, the three-month figures remain positive and consistent with the upward, more optimistic trend shown in the recent bout of industry surveys.'