UK quarterly gauge of manufacturing output rose to +21 in Q1 2023
- from +5 in Q4 2022
- highest since early in 2022 when it hit +24
This is from a survey conducted by trade group Make UK and accountants BDO.
Responses to questions also showed inflation pressure persisting:
- domestic and export prices rose slightly from the previous quarter, both with balances of +52%.
Looking ahead, output is expected to contract again, to -3.3% this year
- from -4.4% forecast at the end of 2022
Also from the UK earlier were this data:
