EEF comment on IoP data

Subscribe to About EEF media release feeds

Published

Commenting on today’s IoP data, Ms Lee Hopley, Chief Economist at EEF, the manufacturers’ organisation, said:

“Today’s figures indicate that we’re in for a strong first quarter to 2017 for the manufacturing sector. Much like the January data, there was some weakness in the monthly figures but that was exclusively down to the erratic pharmaceuticals sector, with most other sectors posting strong growth.

“The recent streak of positive figures confirm that the sector is in somewhat of a sweet spot at the moment with the domestic market still running strong and the external demand environment picking up to support exports. If it wasn’t for the cloud of uncertainty hanging over the UK economy, we would be fairly confident that growth in the sector would remain on a solid footing over the short to medium-term.”

Author

Media Team 020 7654 1576

Other articles from this author >
contact us about EEF Contact Us

Find our locations, get in touch or connect with us on our social networks

Read more >
media icon spotlight Keep up-to-date with our latest media releases

Browse our latest media releases on what matters most to manufacturers, read the facts and our comments on all major industry developments

Read more >
Online payments are not supported by your browser. Please choose an alternative browser or make payments through the 'Other payment options' on step 3.