Manufacturing sector sees surge in growth

According to the latest CBI Industrial Trends Survey, output from the manufacturing sector has picked up at the start of 2015 and is expected to continue its upward trend over the coming months.

The survey of 522 manufacturers found orders had reached a six-month high while export orders also picked up in February. However, export activity is still below the level of domestic orders.

Manufacturers are expecting a modest rise in selling prices over the next three months, although expectations of price inflation remain moderate overall.

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