UK manufacturers continue benefiting from weakening pound, Bloomberg reports.

While total growth eased slightly in August, output and orders grew with the pace exceeding long-term average. Exporters benefit the most. Manufacturing grew in 13 sectors out of 17. The highest growth is observed in food, drinks and tobacco.

Expectations in regards to price growth in next three months are increasing. Bank of England decided to raise interest rate to 0,75% in the beginning of August. It considered that economy is developing fast enough to generate inflation pressure.