FOREX TradingCharts.com

Financial News: UK Manufacturing Orders Drop At Slower Pace: CBI

UK Manufacturing Orders Drop At Slower Pace: CBI

08/20/2019 - 06:44:00 (RTTNews)

(RTTNews) - UK manufacturing orders decreased at a slower pace in August, the Industrial Trends Survey from the Confederation of British Industry showed Tuesday.

The order book balance rose to -13 percent in August from -34 percent in July. Likewise, the export order book balance improved to -15 percent from -32 percent.

Manufacturers expect to keep output prices in the next three months broadly unchanged - the lowest balance since February 2016.

Anna Leach, CBI deputy chief economist, said, "Despite signs of stabilisation in the data this month, UK manufactures remain on the receiving end of a double whammy: the slowdown in the global economy and Brexit uncertainty."

"Trade tensions between nations such as China and the US only exacerbate the demand uncertainty facing UK manufacturers."

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2019 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Homebuilder Confidence Unexpectedly Improves In September (01 hr(s), 24 min(s), 17 sec(s) ago)
(RTTNews) - Reflecting low interest rates and solid demand, the National Association of Home Build ...Full Story»

U.S. Industrial Production Rebounds Much More Than Expected In August (02 hr(s), 02 min(s), 17 sec(s) ago)
(RTTNews) - After unexpectedly reporting a modest drop in U.S. industrial production in the previo ...Full Story»

German Economic Sentiment Improves Sharply, Yet Economic Outlook Negative (02 hr(s), 42 min(s), 17 sec(s) ago)
(RTTNews) - Germany's economic sentiment improved strongly and at a faster-than-expected pace ...Full Story»

Hong Kong Jobless Rate Steady In August (04 hr(s), 45 min(s), 17 sec(s) ago)
(RTTNews) - Hong Kong's jobless rate remained stable during the June to August period, data fr ...Full Story»

Nigeria Inflation Slows In August (04 hr(s), 49 min(s), 17 sec(s) ago)
(RTTNews) - Nigeria's consumer price inflation slowed for the third straight month in August, ...Full Story»

German Economic Sentiment Improves Sharply; Tops Expectations (06 hr(s), 17 min(s), 17 sec(s) ago)
(RTTNews) - Germany's economic sentiment improved strongly and at a faster-than-expected pace ...Full Story»

SECO Cuts Swiss Growth Forecast On Slowing Global Economy, Uncertainty (07 hr(s), 05 min(s), 17 sec(s) ago)
(RTTNews) - Switzerland's economic growth forecast for this year was slashed on Tuesday, as th ...Full Story»

Sweden Jobless Rate Rises Unexpectedly (07 hr(s), 23 min(s), 17 sec(s) ago)
(RTTNews) - Sweden's jobless rate rose unexpectedly in August, figures from Statistics Sweden ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Homebuilder Confidence Unexpectedly Improves In September

09/17/2019 - 10:18 AM (RTTNews)
(RTTNews) - Reflecting low interest rates and solid demand, the National Association of Home Build ...Full Story>>

U.S. Industrial Production Rebounds Much More Than Expected In August

09/17/2019 - 09:40 AM (RTTNews)
(RTTNews) - After unexpectedly reporting a modest drop in U.S. industrial production in the previo ...Full Story>>

German Economic Sentiment Improves Sharply, Yet Economic Outlook Negative

09/17/2019 - 09:00 AM (RTTNews)
(RTTNews) - Germany's economic sentiment improved strongly and at a faster-than-expected pace ...Full Story>>

Hong Kong Jobless Rate Steady In August

09/17/2019 - 06:57 AM (RTTNews)
(RTTNews) - Hong Kong's jobless rate remained stable during the June to August period, data fr ...Full Story>>

Nigeria Inflation Slows In August

09/17/2019 - 06:53 AM (RTTNews)
(RTTNews) - Nigeria's consumer price inflation slowed for the third straight month in August, ...Full Story>>
Copyright © 2019. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.