British manufacturing continues to face low orders and upward price pressure, says CBI

British manufacturing continues to face low orders and upward price pressure, says CBI

Industrial trends survey shows firms expecting to raise prices in coming months, with order books well below average British manufacturing orders remain well below average and price pressure continues to persist, according to a closely watched survey. The CBI industrial trends survey found that manufacturers’ orders for the month were below average in February, while most firms expect to raise their prices and for output to decline over the next…