UK manufacturing output falls, but decline expected to slow: CBI
UK manufacturing output declined sharply in the quarter to June, though the pace is expected to ease by September, according to the CBI. Order books and stock adequacy remained below long-run averages, while price inflation expectations moderated. The CBI urged the government to act swiftly on energy cost relief, skills development, and tech adoption to support growth.
UK manufacturing output declined sharply in the quarter to June, though the pace is expected to ease by September, according to the CBI.
Order books and stock adequacy remained below long-run averages, while price inflation expectations moderated.
The CBI urged the government to act swiftly on energy cost relief, skills development, and tech adoption to support growth.
