UK manufacturing output and orders remained stable in the three months to January, while average unit costs grew at the slowest pace since April 2021, the latest monthly Industrial Trends Survey from the Confederation of British Industry, or CBI, and Accenture showed on Tuesday.
Output volumes were almost stable in the quarter to January, with a weighted balance of -1 percent versus -9 percent in the three months to December. The survey showed that firms expect volumes to increase briskly in the next three months.
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