Manufacturing output growth slows ‘but remains strong’ – CBI
Manufacturing order books weakened in the three months to March but remained well above their long-run average, according to the latest monthly CBI Industrial Trends Survey.
According to 381 manufacturers, export order books remained unchanged and above the long-run average. Output continued to grow robustly in the three months to March, but at a slower pace than in the three months to February.
Output growth was broad-based, increasing in 14 out of 17 manufacturing sub-sectors. Growth was predominantly driven by Motor Vehic... 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...
