Manufacturers reported a rebound in orders and continue to expect moderate growth in output over the next three months, according to the CBI Monthly Industrial Trends Survey for February.
Anna Leach, CBI head of economic analysis, said: “The rebound in manufacturing orders and expectations for output growth provide some further signs of improvement in the outlook for the UK economy. However, export order books are likely to remain relatively weak until global conditions, especially in the Eurozone, improve more markedly.”
