Manufacturing shows steady growth

It found that net order books had increased by +11 per cent, with above average perfomance in 14 of 17 sectors, particularly in food and drink. 

Export order books rallied to a level well above the long run average, driven by particularly strong results from the mechanical engineering, electronics and motor vehicle industries.

Katja Hall, CBI Deputy Director-General, said: “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.”

Share this story

Close
Menu
Send this to a friend