Manufacturers reported that output volumes fell in the three months to March, and at a similar pace to the three months to February, according to the CBI’s latest Industrial Trends Survey (ITS). However, manufacturers expect output to rise modestly in the quarter to June. Expectations for future selling price inflation edged up for the third successive month in March, with the balance rising further above its long-run average to its highest since May 2023. Total order books were steady compared with last month, and a little below their long-run average, but export order books deteriorated. The survey, based on the ... (full story)