- Prior 0
- Selling prices 3 vs 5 exp. Prior 4
- Export order book -2 vs -9 prior
- Output expectations unchanged at 32
- Price expectations 3 vs 4 prior
A good turnaround takes us back to the highs as manufacturers see output rising again.
“Demand for British made goods remains buoyant and that’s helped drive this quarter’s further rise in output. Growth is broad-based, with the recovery spreading its roots, and firms have high hopes for the coming quarter. However, the recent rise in Sterling could impact on the resilient export orders we’ve seen lately. As a result, now is the right time to capitalise on boosting manufacturing further by taking action to strengthen the UK’s supply chains across industry. This will help unlock further growth and increase exports.” Said Katja Hall from the CBI
CBI industrial trends 19 06 2014
Not a number that gets cable moving though and it’s just dropping from the 1.7020 level to 1.7014
