Manufacturing output forecasts

Weaker demand dampens manufacturers’ expectations for output growth – CBI

  • UK manufacturers reported weaker order books in May, and the pace of expected output growth over the next three months has slowed
  • 19% reported total order books to be above normal, while 36% said they were below
  • Export order books are holding up, with 16% of respondents stating that levels were above normal and 29% reporting they were below