Strong export performance from manufacturers but cost pressures remain
UK manufacturers enjoyed strong growth in demand from customers in the UK and overseas in the first quarter of 2017 but a combination of the weak pound and recovering commodity prices has seen cost pressures continue to build.
According to the latest quarterly CBI Industrial Trends Survey of 397 manufacturers, domestic orders had improved at the fastest pace since July 2014 in the three months to April. Meanwhile export orders recorded the strongest growth in six years, supported by strong rises in competitiveness, particularly in ... 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...
