- Analytics
- News and Tools
- Market News
- UK manufacturers’ order book balance improves in August
UK manufacturers’ order book balance improves in August
The latest
survey by the Confederation of British Industry (CBI) showed on Tuesday the UK
manufacturers’ order books remained below normal in August, but to a lesser
extent than in July.
According to
the report, the CBI's monthly factory order book balance increased to -13 in August
from -34 in the previous month. That was the highest reading since May and in line with the long-run average. Economists had expected the reading to increase
to -23.
According to the report, present stocks of finished goods were reported as above adequate, but were roughly in line with the long-run average.
The survey also revealed manufacturers expect to keep output prices in the next three months broadly unchanged, - the lowest balance since February 2016.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
