The latest EEF/Grant Thornton sector survey has recorded hopeful results for the first quarter of the year, with manufacturers maintaining optimism for the ensuing three months despite the rocky economy.
Though output and order balances are shown to be weaker than at the end of 2007, they are still above long-term average – 14 per cent of respondents said their orders had increased compared to 21 per cent for the previous quarter. Factory gate inflation is still occurring according to official statistics, but the survey…
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