(MENAFN) Orders for UK manufacturing exports reached its highest in 2 years, while the weaker pound pushed up price expectations to their top amid a year.
Accordingly, of all factory orders dropped slightly in August to -5, but that beat a median forecast of -9.
Moreover, manufacturers were more positive as output expectations for the coming three months increased to 1 from 6 in July.
A post-referendum decline in sterling was likely to help the economy, while opponents proclaimed that the outcome of June vote could tip the country into recession.
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