3rd month of turnover increases for fashion and textiles manufacturers

April’s Office for National Statistics monthly business survey has shown the turnover of fashion and textiles manufacturers has increased for the third successive month with March’s figure standing at £726million, £32million higher than in February.

Despite this positive pattern, the current turnover levels are below a year earlier in March 2015 where turnover value had reached £789m following a sharp spike on February 2015’s numbers.  It will be interesting to see once April’s figures are available whether manufacturers can maintain the current momentum so far this year and get back ahead of 2015’s stellar figures.

Figure 1: TOPSI for fashion and textiles manufacturing for March 2016TOPSI Mar 2016Source: Office for National Statistics

 


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