DanRobinson published Manufacturing orders falling but sector remains steady, says CBI...

Output in the manufacturing sector was stable over the past quarter – but orders fell – says business group the CBI. Its industrial trends survey of 472 firms nationwide reported that total new orders edged down in the three months to April, matching the decline in the previous quarter. This was driven by a dip in export orders, while domestic orders were broadly flat. Average input costs rose at the fastest pace in two years but companies found it difficult to pass on...