Manufacturing output drops at fastest pace for two years | Business | guardian.co.uk
Over in Ireland
Is this because they don't have the pound, or because they don't have George Osborne?
Manufacturing output dropped at its fastest pace for more than two years in April, official figures revealed on Friday, raising fears that Britain's fragile economic recovery is petering out.
Analysts had expected to see a slowdown during the month, due to the royal wedding bank holiday and the knock-on effects of industrial shut-downs in Japan, and the Office for National Statistics highlighted these factors. But the 1.5% decline in manufacturing output over the month was much worse than City forecasts.
Analysts had expected to see a slowdown during the month, due to the royal wedding bank holiday and the knock-on effects of industrial shut-downs in Japan, and the Office for National Statistics highlighted these factors. But the 1.5% decline in manufacturing output over the month was much worse than City forecasts.
Irish Times, Mon 05 May 2010
Manufacturing output rises in April
Irish manufacturing output in April grew at the fastest pace in 10 years, contributing to a further improvement in the overall conditions in the sector.
The NCB Purchasing Managers' Index, which measures Irish manufacturing activity, rose to 53.4 in April from 53.0 in March, when it crossed the 50 mark separating growth from contraction with its highest reading since September 2007.
Manufacturing output rises in April
Irish manufacturing output in April grew at the fastest pace in 10 years, contributing to a further improvement in the overall conditions in the sector.
The NCB Purchasing Managers' Index, which measures Irish manufacturing activity, rose to 53.4 in April from 53.0 in March, when it crossed the 50 mark separating growth from contraction with its highest reading since September 2007.
Is this because they don't have the pound, or because they don't have George Osborne?
Comment