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- UK manufacturing order books improved on April - CBI
UK manufacturing order books improved on April - CBI
Manufacturing order books improved on April, and output growth accelerated in the three months to May, our latest Industrial Trends Survey shows.
The survey of 432 manufacturers reported that total order books were the highest since February 2015, broadly matching the strong levels seen earlier this year. Export orders also stayed robust, equalling the level seen in March (itself, the highest level seen since December 2013).
Output growth picked up pace, seeing the fastest rise since December 2013. This was underpinned by the mechanical engineering and chemicals sectors. Firms expect another firm rise in production over the coming quarter.
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