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Manufacturing orders strongest on record in September, but output struggling to keep pace
UK manufacturing total order books in September improved to their highest on record (since 1977), according to the latest monthly CBI Industrial Trends Survey. The survey of 273 manufacturing firms saw total order books improve further on August’s strong results to reach a record high, while export order books also improved to their strongest since March 2019. However, output growth in the three months for September slowed for the second month in a row, despite remaining firm by historical standards. Eleven out of 17 sectors saw output increase, with headline growth being driven largely by the food, drink & ... (full story)