UK manufacturing activity remains robust

Gurjit Degun
27 March 2014

☛ Want the latest procurement and supply chain news delivered straight to your inbox? Sign up for the Supply Management Daily

27 March 2014 | Gurjit Degun

The UK manufacturing industry saw continued robust activity in March, as overall demand rose and total orders improved.

That’s according to the latest CBI Industrial Trends Survey, which added that output growth over the three months to March remained above average despite falling to a five-month low.

The largest contributor to the decline was the food and drink sector, where, unexpectedly, output fell for the first time in 16 months. “However, orders in the sector remain strong and firm output growth is anticipated in the coming three months,” said the CBI.

The survey of 368 manufacturers found total order books improved with above-average results in 14 out of 17 sectors. Export orders dropped but remained above average in 11 out of 17 sectors.

Anna Leach, CBI head of economic analysis, said: “Growth in exports is crucial to rebalancing the economy and ensuring a sustainable recovery. Over the last few surveys, manufacturing export orders have underperformed relative to overall orders as the UK’s domestic recovery has caught hold more quickly than some of our key trading partners – most particularly, the Eurozone.

“Measures announced in the Budget should help businesses to break into new, faster growing markets and underpin an improvement in the UK’s export performance.”

LATEST
JOBS
Swindon, Wiltshire
upto £40K base (+ Paid overtime and corporate benefits)
Honda Manufacturing Ltd
Kew gardens, Richmond upon Thames, London (Greater)
£37,000 - £42,500 per annum pro rata, depending on skills and experience
Kew Royal Botanic Gardens
SEARCH JOBS
CIPS Knowledge
Find out more with CIPS Knowledge:
  • best practice insights
  • guidance
  • tools and templates
GO TO CIPS KNOWLEDGE