Manufacturing output decline levels off, reports CBI

Posted on 1 Mar 2016 by Jonny Williamson

Economic growth saw a small improvement on January’s weak performance in the three months to February, and expectations improved for the coming quarter, according to the latest CBI Growth Indicator.

The survey of 790 respondents across the manufacturing, retail and service sectors showed the pace of growth ticked up marginally in the private sector, with a balance of +8% of firms reporting a rise in output – compared with +6% in January.

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