UK manufacturing sector shows green shoots as restocking and export orders rise
<p>A survey by the manufacturing representative group Make UK reports some green shoots in the factory sector. </p><p>Some of the main findings:</p><ul><li>restocking and export orders picked up</li><li>factories raised output at three times the pace
of growth in orders in the final three months of 2023, fastest since late 2019</li><li>share of firms seeing a rise in export orders rather
than fall rose to a balance of +10% from -3% </li><li>domestic orders
stayed flat</li></ul><p>Info via <a href="https://www.reuters.com/world/uk/uk-manufacturers-report-some-signs-recovery-make-uk-2023-12-11/" target="_blank" rel="nofollow">Reuters, more at the link.</a></p>
This article was written by Eamonn Sheridan at www.forexlive.com.
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