FOREX TradingCharts.com

Financial News: UK Factory Order Growth Slows In August: CBI

UK Factory Order Growth Slows In August: CBI

08/21/2018 - 06:47:00 (RTTNews)

(RTTNews) - UK manufacturers registered a slowdown in order growth in August, the latest Industrial Trends Survey from the Confederation of British Industry showed Tuesday.

The survey showed that 31 percent of manufacturers reported total order books to be above normal, and 23 percent said they were below normal, giving a rounded balance of +7 percent for three months ended August.

The factory order book balance for August fell to +7 percent from +11 percent in previous month. The expected balance was 8 percent.

According to CBI survey, a net 21 percent of respondents said output volume increased in three months to August.

Anna Leach, CBI Head of Economic Intelligence, said, ". risks to that growth remain high in light of international trade tensions and the uncertainty caused by Brexit."

"Make no mistake, a 'no deal' scenario would be immensely damaging not just for UK manufacturers, but also the rest of the EU," Leach added.

Manufacturers expect output growth to continue at a similar pace over the coming quarter. A net balance of +20 percent expects growth in output.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2018 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


SECO Raises Swiss GDP Growth Outlook (43 min(s), 41 sec(s) ago)
(RTTNews) - The Swiss federal government's expert group raised its growth outlook for 2018 but ...Full Story»

Europe's Passenger Car Registrations Increase: ACEA (01 hr(s), 25 min(s), 41 sec(s) ago)
(RTTNews) - Europe's passenger car registrations increased at faster rates in July and August, ...Full Story»

Australia Westpac Leading Index Signals Slowing Growth Momentum (02 hr(s), 06 min(s), 41 sec(s) ago)
(RTTNews) - Australia's leading index signaled a slowing growth momentum into the second half ...Full Story»

European Economics Preview: UK Inflation Data Due (02 hr(s), 34 min(s), 41 sec(s) ago)
(RTTNews) - Consumer and producer prices from the UK and current account from euro area are due on ...Full Story»

Malaysia's Inflation Eases More Than Forecast (02 hr(s), 58 min(s), 41 sec(s) ago)
(RTTNews) - Malaysia's inflation eased more-than-expected in August on fuel cost, figures from ...Full Story»

BoJ Maintains Monetary Stimulus (03 hr(s), 21 min(s), 41 sec(s) ago)
(RTTNews) - The Bank of Japan kept its ultra-loose monetary policy unchanged, as widely expected, ...Full Story»

Japan Has Y444.594 Billion Trade Shortfall (31 min(s), 19 sec(s) ago)
(RTTNews) - Japan posted a 444.594 billion yen trade deficit in August, the Ministry of Finance sa ...Full Story»

New Zealand Q2 Current Account Deficit NZ$2.7 Billion (31 min(s), 19 sec(s) ago)
(RTTNews) - New Zealand's seasonally adjusted current account deficit fell to NZ$2.7 billion f ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

SECO Raises Swiss GDP Growth Outlook

09/19/2018 - 03:00 AM (RTTNews)
(RTTNews) - The Swiss federal government's expert group raised its growth outlook for 2018 but ...Full Story>>

Europe's Passenger Car Registrations Increase: ACEA

09/19/2018 - 02:18 AM (RTTNews)
(RTTNews) - Europe's passenger car registrations increased at faster rates in July and August, ...Full Story>>

Australia Westpac Leading Index Signals Slowing Growth Momentum

09/19/2018 - 01:37 AM (RTTNews)
(RTTNews) - Australia's leading index signaled a slowing growth momentum into the second half ...Full Story>>

European Economics Preview: UK Inflation Data Due

09/19/2018 - 01:09 AM (RTTNews)
(RTTNews) - Consumer and producer prices from the UK and current account from euro area are due on ...Full Story>>

Malaysia's Inflation Eases More Than Forecast

09/19/2018 - 00:45 AM (RTTNews)
(RTTNews) - Malaysia's inflation eased more-than-expected in August on fuel cost, figures from ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.