- 27% of manufacturers expect to increase their volume of output over the course of the next three months, while 19% expect it to fall
- 17% reported that order books were above normal and 28% stating that order levels were below normal
- 2% of firms expect to increase output prices over the next quarter
Across all regions except London, more workplaces, weighted by employment, reported lower output rather than higher output in January 2012 compared with October 2011.
Looking forward, the balance of expectations for output in April 2012 compared with January 2012 is positive across all regions, with the majority of workplaces, weighted by employment, expecting higher output.
But not much else going on: labour costs – unchanged, output prices – unchanged, employment – no change and none expected