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MIA  MOTORSPORT INDUSTRY ASSOCIATION

CBI Q3 survey summary

18 Oct 2018

COST PRESSURES ELEVATED ACROSS ALL SECTORS
Surveys in Q3 point to a pick-up in growth momentum over the summer, bolstered by the World Cup and the warmer summer weather. But despite the boost to the headline numbers, the underlying story behind the outlook for the UK economy is much the same as it has been for the past couple of years: consumer demand continues to be squeezed by weak real incomes, uncertainty over Brexit continues to hinder business investment, while manufacturers continue to benefit from firm global demand and the lower level of the pound.

COST PRESSURES ELEVATED ACROSS ALL SECTORS

Surveys in Q3 point to a pick-up in growth momentum over the summer, bolstered by the World Cup and the warmer summer weather. But despite the boost to the headline numbers, the underlying story behind the outlook for the UK economy is much the same as it has been for the past couple of years: consumer demand continues to be squeezed by weak real incomes, uncertainty over Brexit continues to hinder business investment, while manufacturers continue to benefit from firm global demand and the lower level of the pound.

To view the full survey summary, please click here.

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