UK manufacturing production rebounded in March

The industrial sector activity rebounded in March, the latest UK industrial and manufacturing production data published by Office for National Statistics (ONS) showed on Friday.

Manufacturing output arrived at 0.7% MoM in March versus -0.1% expected and -0.1% seen in February while total industrial output came in at 0.7% MoM vs. 0% expected and -0.1% last.

Separately, the UK goods trade balance numbers were published, which arrived at GBP-16.356 billion in March versus GBP-17.50 billion expectations and GBP-16.635 billion last. The total trade balance (non-EU) came in at GBP-5.458 billion in March versus GBP-5.794 billion previous.

Accrol Group Holdings plc (LON:ACRL) is the UK’s leading independent tissue converter, producing toilet tissue, kitchen towel, facial tissue and biodegradable wet wipes. The UK soft tissue market is worth £1.6bn with private label products comprising circa 50%. Accrol is the leading supplier to the private label market, which is growing at over 8% year on year.

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