British manufacturers reported their healthiest order books in November since before the Brexit vote and they are their most confident about the near-term outlook in nearly two years, an industry survey showed on Tuesday.
But the Confederation of British Industry also said manufacturers intend to raise prices at the fastest pace in almost three years, reflecting the sharp fall in the value of the pound since voters decided to leave the European Union in June.
The CBI said its monthly industrial orders balance improved to -3 in November, its highest level since June, and up sharply from -17 in October. Economists polled by Reuters had expected a more modest improvement to -9.
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