Article 3HBAY UK manufacturers on course to outpace GDP growth, survey finds

UK manufacturers on course to outpace GDP growth, survey finds

by
Richard Partington
from on (#3HBAY)

Factory output expected to rise by 2% this year as demand for British exports grows, says EEF

Britain's manufacturers are set to outpace the rest of the economy this year with help from booming global demand for exports, according to a survey showing British firms started the year on a strong note.

According to the manufacturers' organisation EEF and the accountancy firm BDO, factory output is on course to increase by 2% this year - beating the 1.5% GDP growth forecast for the wider economy.

Related: How has the Brexit vote affected the economy? February verdict

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