Sector economics Forecasts see additional improvements for Eurozone, UK manufacturing

Editor: Eric Culp

Recent industry health has been sustained.

Related Company

A sign of better times: Crowds at the K show in Dusseldorf, Germany.
A sign of better times: Crowds at the K show in Dusseldorf, Germany.
(Source: Messe Dusseldorf)

Industrial production in the Eurozone and Britain is expected to show strong growth next year.

See: US firm makes cash offer for Delcam

Pollster Markit said Eurozone manufacturing performed better for the fourth straight month in October. It noted that the data indicates a “marked turnaround in the health of the manufacturing economy” in the Eurozone, and the situation indicates a current annual growth rate of up to 3%.

The UK recorded an improvement in overall operating conditions for the seventh straight month in October, according to the pollster. “The survey suggests manufacturing output is growing at a quarterly rate of around one to one point five per cent," a Markit economist said.

Subscribe to the newsletter now

Don't Miss out on Our Best Content

By clicking on „Subscribe to Newsletter“ I agree to the processing and use of my data according to the consent form (please expand for details) and accept the Terms of Use. For more information, please see our Privacy Policy.

Unfold for details of your consent

(ID:42353971)