India, Feb. 20 -- UK manufacturers expect production to increase in the three months to May, the Industrial Trends Survey from the Confederation of British Industry showed on Thursday.
A balance of 8 percent of manufacturers expect production to increase in the three months to May, in contrast to 19 percent forecasting a decline during three months to April.
A net 12 percent of respondents said output decreased in the three months to February compared to -13 percent in the quarter to January.
Total order books were below normal in January. The order book balance posted -28 percent in January, up from -34 percent in December. The balance was forecast to rise to -30 percent.
Export order books were also seen as below "normal" in February....