UK MANUFACTURING OUTPUT GROWS, WITH EXPORT ORDERS REACHING A TWO-YEAR HIGH

摘要

According to the latest CBI monthly Industrial Trends Survey, 505 firms found that export order books reached a two-year high, suggesting that the depreciation of sterling since the end of last year may be feeding through to stronger overseas demand. The survey found that despite the improvement in exports, total order books were largely unchanged but remained comfortably above the long-run average. Output growth remained at a healthy pace, although a little weaker than in the three months to July.