UK manufacturing soars on the back of weak sterling and strong global economy
manufacturingglobal | July 14, 2017
UK manufacturing firms reported that both their total and export order books had strengthened to multi-decade highs in June, according to the CBI’s latest Industrial Trends Survey. The survey of 464 manufacturers found that total order books climbed to the highest level since August 1988. But pricing pressures remain strong, with manufacturers continuing to expect a sharp rise in average selling prices, in line with the level seen last month. Stock adequacy dipped marginally, remaining below average.