"Output volumes fell in the three months to September, after falling at a sharp pace in the three months to August (weighted balance -13%, from -22% in the quarter to August). Manufacturers expect output volumes to decline again in the three months to December (-14%).Output decreased in 13 out of 17 sub-sectors in the three months to September, with the fall in output being driven by the chemicals, metal products and mechanical engineering sub sectors."
"Expectations for average selling price inflation eased in September (+4%, from +9% in August). Selling price expectations have eased considerably since a recent high in January (+27%) and stand at their lowest since October 2024 (0%). Stocks of finished goods were reported as more than "adequate" in September (+12%, from +7% in August) and stand in line with the long-run average (+12%)."
Manufacturing output volumes declined in the three months to September, with the pace of decline easing compared with the three months to August. Output is expected to fall again in the three months to December. Output dropped in 13 of 17 sub-sectors, led by chemicals, metal products and mechanical engineering. Total and export order books remained below "normal" and below their long-run averages. Expectations for selling-price inflation eased to +4% in September, the weakest since October 2024. Stocks of finished goods were reported as more than adequate and sit in line with the long-run average. Responses came from 290 manufacturers.
Read at London Business News | Londonlovesbusiness.com
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