RSS   Newsletter   Contact   Advertise with us

UK manufacturing orders recover in June

Staff Writer | June 20, 2018
British manufacturing order books recovered in three months to June, the Industrial Trends Survey from the Confederation of British Industry showed Wednesday.
UK manufacturing
Britain   Risks to demand persist from Brexit and escalating global trade tensions
A balance of 13% said order books were above normal and a 9% said export order books remained above normal.

Manufacturers expect output growth to slow slightly in the coming quarter. A balance of 18% expects output growth to slow slightly.

Anna Leach, CBI head of economic intelligence, said, "The recovery in orders and a return to bumper growth in production suggests the lull in manufacturing activity may be over."

"While risks to demand persist from Brexit and escalating global trade tensions, firms can work with the Government to nurture a pro-enterprise environment that helps UK growth to shift up a gear," Leach added.


 

MORE INSIDE POST