ONS Index of Production statistics – Barclays comment

07 Aug 2012 10:03 GMT

Mark Lee, Head of Manufacturing at Barclays comments on today's ONS Index of Production figures

“More negative sentiment for British manufacturing as the wider economic climate continues to hit orders and investment, and with slowing growth in China and disappointing demand from the US, hopes of an export-led recovery have started to wane.”


About Barclays

Barclays is a major global financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth and investment management with an extensive international presence in Europe, the Americas, Africa and Asia. Barclays’ purpose is to help people achieve their ambitions – in the right way.

With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs approximately 140,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.

For further information about Barclays, please visit our website www.barclays.com.