Manufacturing orders stabilised slightly compared with last month, but exports are at their lowest for almost three years, according to the latest CBI monthly Industrial Trends Survey.
The survey of 458 firms shows that output also recovered, though another small fall is expected in the coming three months. Meanwhile price expectations remain under pressure, though they crept back closer to their long-run average. Rain Newton-Smith, director of Economics, CBI. CBI director for economics, Rain Newton-Smith commented: “Poor export…
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