 Rising energy prices could impact output |
Manufacturers are expecting to see an increase in demand for goods over the next quarter, despite continuing poor orders in July, a report has shown. The CBI said its monthly manufacturing order books balance only marginally improved in July, rising to -11% from -12% in June.
Yet looking at the next three months, +13% of manufacturers expect orders to pick up, led by strong exports.
Firms predict exports will jump at their fastest rate since 1995.
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