Manufacturing output growth at two-year high

Posted on 22 Aug 2013

The latest Confederation of British Industry (CBI) monthly Industrial Trends Survey shows a significant rise in production levels for the three months to August, alongside markedly improved order books.

The survey of over 400 manufacturers found that total orders and export order books increased sharply, with total orders at their highest since August 2011. Output volume growth met expectations with a 16% rise. A total of 37% of firms stating volume of output had gone up in the three months up to August, with…

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