Date Published: 24-06-2014

Demand for UK-made goods rose strongly in June, the latest CBI Industrial Trends Survey shows.

Total order books picked up, reaching their strongest level since December’s eighteen year high. This strength was broad-based, with above average results in 14 out of the 17 sectors. The food and drink sector was particularly robust, reporting its fullest order books in just under four years.

Export order books rallied to a level well above the long run average, driven by particularly strong results from the mechanical engineering, electronics and motor vehicle industries.

The survey of 514 manufacturers found output volumes also continued to rise at a similarly solid pace to that seen in the past three months, with expectations of stronger growth for the coming quarter.

SOURCE: economicvoice.com