- 26 per cent of firms reported that total order books were above normal in February and 23 per cent said they were below giving a balance of +3 per cent, an increase from January (-2 per cent) and well above the long-run average (-17 per cent), although below the levels in December (+12 per cent)
- 18 per cent said their export order books were above normal and 19 per cent said they were below normal giving a balance of -1 per cent, well above the long-run average (-20 per cent)
- 41 per cent of firms said the volume of output was up and 17 per cent firms said it was down, giving a balance of +24 per cent, an increase from +18 per cent in January’s survey
- Firms expect output to continue to grow with 37 per cent expecting output to increase over the next three months and 8 per cent expecting orders to decrease, giving a rounded balance of +28 per cent
- Output price expectations remained elevated (+17 per cent) although marginally below January’s figure (+20 per cent). 22 per cent stated average prices at which domestic orders are booked were up and 5 per cent said they were down
- Stock adequacy of finished goods (+10 per cent) remained a little below average (+14 per cent).
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