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Insights into uk manufacturing - the real economy

A weak recovery

Jeegar Kakkad January 26, 2010 09:41

Today’s data confirm that manufacturing is now out of recession.  But they also continue to raise questions over the health of the wider economy.

Previously, we've said that weaker growth in Q4 would be a good thing, because a strong q4 would most likely have come at the expense of a weak start to 2010.

But at 0.1% q-q, GDP growth was very weak in q4. Not even a strong boost from manufacturing of 0.4% q-q could boost growth in the wider economy. 

So while exports remain the best prospect for a turnaround, the next six months will be uncertain one for the recovery.

Read our reaction on the BBC website.

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Economy

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