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Exporters are expected to get a boost from the weak pound, making their goods cheaper overseas.
In short, pound for pound, making microchips uses up orders of magnitude more energy than making manhole covers.
The success was driven in part by the cheap pound making British goods more affordable abroad therefore helping exporters.
The BCC also reported a slowdown in the number of manufacturers reporting higher export orders, despite the weaker pound making UK exports more competitive.
The rand has been volatile of late, but it has now settled at around ZAR 16 to the pound, making it a good value destination.
That's around $30,000 a pound — making it a prize for poachers in Kenya, where the average yearly income is less than $3,000.
Similar(30)
The strong pound made things even worse.
A weaker pound makes imports from abroad more expensive.
The weak pound makes these goods more expensive.
The low pound makes Britain attractive to foreign shooters.
For consumers, the weak pound makes overseas holidays more expensive.
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