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UK August CBI trends total orders -22 vs -25 expected

  • Prior -32

UK factory orders fell once more this month but less than July at least. The output expectations balance remains positive at least, though down to 9 from 25 in the month before. CBI notes that “the stop-start recovery seen in recent months continued in August but it is encouraging that manufacturers still remain confident that output will tick up over the autumn”.

This article was written by Justin Low at www.forexlive.com.

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