Manufacturing growth continued in the three months to July, but pressure by the stronger sterling is likely to see exports weaken, according to the latest CBI Quarterly Industrial Trends Survey.
The survey of 445 firms reported slower growth in total new orders in the quarter to July, though it remained above average. Growth in total new orders, output and numbers employed are projected to remain firm over the next quarter. According to the survey, the volume of new export orders rose slightly, but the outlook…
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