UK manufacturers reported a rise in output in the three months to November, the first increase since the three months to July 2022, according to the CBI’s latest Industrial Trends Survey. However, production is expected to decline in the next quarter. The survey found that while stocks remained broadly adequate, total order books and export order books were reported as below normal. Selling price inflation is expected to remain historically high in the next three months (though below the record high reached earlier this year). The survey, based on the responses of 230 manufacturing firms, found: Manufacturing output ... (full story)