UK manufacturing continues to gain momentum

Posted on 22 May 2014 by Victoria Fitzgerald

Activity in UK manufacturing remained strong in May, according the latest CBI Industrial Trends Survey.

Output volumes grew at the same rate as in the previous two months, with stronger growth anticipated for the coming quarter. Out of 437 manufacturers surveyed, 36% said output volumes had increased over the last three months. The report also revealed firms expect output to grow in the coming quarter, with 39% predicting growth and…

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