Article 3DN8 Tumbling oil price boosted UK manufacturing, says CBI

Tumbling oil price boosted UK manufacturing, says CBI

by
Larry Elliott
from on (#3DN8)

After the lull at the end of 2014, the halving of cost of crude oil saw order books and factory output increase during early part of this year

Order books and factory output are being boosted by the tumbling oil price, the CBI has said in its latest health check of UK industry.

The employers' organisation said there had been a bounce back in manufacturing after the lull at the end of 2014, helped by the halving of the cost of crude during the second half of the year.

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