August Monthly Briefing

Subscribe to Campaigning blog feeds


Data Round Up

  • GDP growth remained subdued in the second quarter. The UK economy expanded at a quarterly growth rate of 0.3% in the second quarter of 2017, a touch higher than the first quarter’s lacklustre growth of 0.2%.
  • Manufacturing output contracted after two quarters of solid gains.
  • The UK manufacturing PMI ticked up to 55.1 in July up from 54.3 in June.
  • The Bank of England’s Monetary Policy Committee dilemma remained unresolved. Monetary policy was unchanged, with two dissenting votes to increase interest rates from their currently record low level of 0.25%. This reflects the growing concern some members have regarding inflation upward trajectory.


You can read the full economic briefing here





This person has now left EEF. Please contact us on 0808 168 1874 or email us at if you have any questions.

Other articles from this author >
What is manufacturing?

19 Mar 2018

We answer the frequently asked questions about manufacturing, starting with 'what is manufacturing?'

industrial-strategy-has-landed Industrial Strategy

EEF has long called for the creation of an industrial strategy and now that one is here we are determined to make it a success for the sector.

Read more >
MOTH spotlight Listen to 'Manufacturing on the hop'

Get the latest on the state of the manufacturing industry in this regular podcast with EEF Chief Economist Lee Hopley.

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