- Prior -4
- Business optimism 8 vs 15 exp. Prior 19
- Selling prices -3 vs 0 exp. Prior 1
- Export orders -23 vs -24 prior
- Output expectations 18 vs 27 prior
It’s all pointing south for the UK economy with the 3 month figures not making better reading and expectations are dropping too.
UK CBI industrial trends details 23 10 2014
Note the investment categories as there’s been an increase in firms who think that they have sufficient capacity and are not looking to invest. That’s not good news going forward if firms keep their hands in their pockets. It doesn’t suggest that business will start going backwards but that there’s no willingness to push for greater growth.
UK CBI industrial trends survey 23 10 2014
