Thursday, 19 November 2009

Manufacturing Demand Still Weak But Expected To Improve

A small majority of manufacturing firms responding to the CBI Industrial Trends Survey reported that they expect demand to improve slightly over the next three months. Many of the firms reported order books well below normal and weak export order books only slightly better than last month due to a weaker pound.

Stock levels are more than adequate to meet demand due to capital goods producers pessimistic about output. Domestic prices are expected to fall slightly over the next quarter similar to that in October.

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