CBI: manufacturing picks up pace
Manufacturing order books improved in April, and output growth accelerated in the three months to May, according to the CBI’s latest Industrial Trends Survey.
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 underp... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
