Manufacturing strengthens as export prospects improve
Manufacturing growth accelerated over the last three months with optimism about both business conditions and export prospects improving at an above-average pace.
The latest quarterly CBI Industrial Trends Survey shows that growth in manufacturing output and domestic and export orders all picked up, compared with the previous three-month period.
Stocks also continued to grow robustly: for example, inventories of finished goods stocks rose at the fastest pace since October 2013.
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