The recovery in British manufacturing continued in the three months to April, but the pace of growth eased and export orders growth remained sluggish, according to the latest CBI Quarterly Industrial Trends Survey.
The survey of 468 firms reported a slackening of growth in total new orders, as expected from January’s quarterly survey, but this still remained well above average. Domestic orders rose modestly, whilst exports growth remained unexpectedly slow-moving. Meanwhile output growth fell to its lowest since January 2013, but above the long-run average. Firms have stronger…
This content is for subscribers only. Subscribe now for free to read the full article.
Already a subscriber? Login
