British manufacturers are enduring brutal inflationary pressures as well as a downturn in demand in many of their major export markets, as the challenges facing the UK’s industrial sector provide a key theme in a relatively quiet week for data releases.

Industrial production data for July, due out on Tuesday, will show the downturn in output gathering pace. The consensus forecast is for the year-on-year decline in manufacturing output to fall from -1.3 per cent to -1.1 per cent. Survey evidence indicates new orders are declining and further weakness in output appears inevitable.