- +6.0 prev
- lowest since October
- next 3months +9 vs +12
- output expectations +32 vs +19 prev
- CBI April Quarterly Orders Past 3months +21 vs +13
The monthly headline figure isn;t great but new orders in the UK factory sector climbed to a near 20-year high in the second quarter. Business optimism among manufacturers saw its sharpest improvement since 1973, on the back of strong growth in orders at home and abroad. Growth in total order books and domestic orders was the fastest since 1995. Export orders grew strongly, while investment intentions for the year ahead remained robust.
GBP not liking the monthly headlines number though with GBPUSD dipping to 1.6794
UK CBI Trends April
