Production index increases

At last we see an increase in the monthly production and manufacturing indices. Production output rose by 0.6% between Q1 2013 and Q2 2013. Manufacturing rose by 0.7% over the same period.By far the largest contribution to the quarterly growth in production came from manufacturing, which increased by 0.7% following a decline of 0.2% in Q1 2013.
As we have said before on this site, care should be exercised when looking at a single data point particularly seasonally adjusted numbers quoted above when the difference is quite small.
However, this is good news and we should publicise as good news always generates optimism which in turn will lead to business growth as people become less risk averse.
Lets see more growth and hear your news. Post it here and share good news.

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