UK manufacturers expect production volumes to decline again in the coming three months, the Industrial Trends survey results from the Confederation of British Industry showed on Thursday.
A net 30 percent of manufacturers said output volumes declined in the three months to November compared to -16 percent in the quarter to October. This was the biggest fall since the three months to August 2020.
Similarly, a net 30 percent of manufacturers said production volumes will fall again in the three months to February.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.