UK manufacturing’s total order books in November improved to their strongest on record (since 1977), according to the latest monthly CBI Industrial Trends Survey. The survey of 282 manufacturers also saw export order books at their strongest since March 2019. Output growth in the three months to November remained firm, increasing at a similarly above-average pace to October and September 2021. Manufacturers expect output growth to accelerate in the next three months. Meanwhile, expectations for output price growth in the coming quarter were at their strongest since May 1977.

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