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UK manufacturers predict falling output as exports dip

30 November 2011
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UK manufacturers predict falling output as exports dipThe UK's manufacturing output looks likely to decline, if the latest Confederation of British Industry (CBI) findings are anything to go by.

Published in the organisation's latest Industrial Trends Survey, operations management data showed that there has already been a weakening in order books around the country during November.

Over the course of the month, demand for British exports has fallen sharply, with 42 per cent of the 446 manufacturing firms that responded to the survey noting a drop in sales.

Just 11 per cent said they had enjoyed a boost in their order books in recent weeks and were now dealing with higher quotas when carrying out inventory control.

Ian McCafferty, chief economic adviser at the CBI, said: "With heightened uncertainty over global prospects and business confidence falling sharply, it is very possible that factories will see production slowing further in the near term."

David Kern, chief economist at the British Chambers of Commerce, recently said that UK manufacturing was on the up but more had to be done to ensure positive results remained.ADNFCR-3058-ID-801224646-ADNFCR
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