The latest CBI quarterly Industrial Trends Survey indicates that the UK manufacturing sector is showing resilience in the face of challenging economic conditions, with orders and output growth steady.
The CBI has said that orders recorded by manufacturers in its latest industrial survey gives a balance of +8% – the strongest seen this year, and above the long-run average of 0%. Despite the depressing ONS figure released on Wednesday which showed GDP had shrunk 0.7% in the last quarter, the CBI’s survey provides a more…
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