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- UK manufacturing order books and export order books remained well above their long run average says CBI
UK manufacturing order books and export order books remained well above their long run average says CBI
Manufacturing order books and export order books remained well above their long run average, according to the latest monthly CBI Industrial Trends Survey.
According to the survey of 397 manufacturers, output grew at a healthy pace in the three months to February. Growth was broad-based with output growing in 16 out of 17 sub-sectors with growth predominantly driven by Food, Drink and Tobacco, and Motor Vehicle and Transport Equipment sub-sectors. Respondents anticipate that output growth will slow a little over the next three months, broadly matching the pace seen in September and October last year.
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