A fall in export demand slowed the recovery in the UK’s manufacturing sector in June, according to the business organisation, although output growth and total orders are still above their long-run averages.
The CBI’s latest Industrial Trends Survey shows export orders slipped back following two months of improvement. Meanwhile, output growth improved again in the three months to June and is expected to strengthen gently over the quarter ahead. Growth still remains below rates reached in late 2013 and early 2014. Although total order books remained above…
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