The manufacturing sector expanded again in May, as export orders improved, according to the CBI Industrial Trends Survey.
The survey of 501 manufacturers found that total order books were weaker than last month, but that they remain well above average. Meanwhile, export order books were above average, matching February’s six-month high. The strength was reasonably broad-based, with export orders above average in 12 of the 18 sectors surveyed, while the gap between total…
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