UK Production Has Grown at the Strongest Pace Since 1995

Manufacturing of the British products has increased most rapidly since the beginning of 1995, the data of the Confederation of British Industry (CBI) showed.

The CBI report showed that the quarterly production balance rose to +31 in the three months before July. This is the highest rate since January 1995. However, in July alone, the balance of new orders fell to 10% from 16% in June.