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CHAMBER WELCOMES RISE IN MANUFACTURED EXPORTS

Commenting on the news that Scottish Manufactured Exports rose by 2.3% in the first quarter of 2008, Liz Cameron, Chief Executive of Scottish Chambers of Commerce, said:

“We welcome this sharp upturn in manufactured exports, which represents a much needed boost to our economy following two consecutive quarters of exporting decline. At a time when the economic news has tended towards gloom and pessimism, these figures underline the fact that many Scottish businesses are thriving and taking advantage of the market opportunities which do exist.

“However there is no room for complacency, and issues such as the continuing rise in fuel and energy costs are impacting heavily on margins. Trading conditions are challenging, but this rise in exports indicates the robustness of the Scottish manufacturing sector and its ability to compete effectively on the international stage.”

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