- UK engine manufacturing rises 7.6% in August following summer shutdown shift.
- Demand from home and international markets grows 10.9% and 5.8% respectively, but YTD volumes remain down.
- Almost two-thirds of output shipped overseas this year, highlighting importance of frictionless trade.
Mike Hawes, SMMT Chief Executive, said,
This month’s figures are welcome news, however the impact of keeping some production lines rolling throughout August when they would traditionally be shut down cannot be discounted. Securing a Brexit deal that maintains frictionless trade with our key export markets, therefore, remains vital to ensure the future competitiveness and success of this vital sector.