Output climbs

Manufacturing output across the UK increased significantly in May from its record low level as factories started to emerge from the coronavirus lockdown, according to figures from the latest BDO Business Trends report.

BDO’s Manufacturing Output Index jumped by 16.58 points to 69.55 in May, regaining around half of the losses sustained between March and April as manufacturers benefited from the easing of UK lockdown measures. Kaley Crossthwaite, Partner at BDO LLP, say: “Output remains drastically below where it would be in ordinary times, but the latest readings suggest we have passed the rock bottom of this crisis.”
For further information www.neweconomy.bdo.co.uk