FOREX TradingCharts.com

Financial News: UK Manufacturers Expect Output To Fall Further: CBI

UK Manufacturers Expect Output To Fall Further: CBI

01/23/2025 - 07:48:00 (RTTNews)

(RTTNews) - UK manufacturers expect output to decline further in the coming three months, the latest quarterly Industrial Trends Survey from the Confederation of British Industry showed Thursday.

Output volumes decreased in the quarter to January after falling at their steepest pace in four years in December, the lobby said. The weighted balance declined to -13 percent from -25 percent in the three months to December. Firms expect volumes to fall again in the three months to April with the balance declining to -19 percent.

The order book balance logged -20 percent in the three months to January compared to -13 percent in the previous quarter.

Manufacturers expect orders to fall at the fastest pace since the beginning of the pandemic in the three months to April. The index fell to -32 percent from -11 percent in October.

The survey showed that business sentiment deteriorated at the fastest pace since October 2022. The index plunged to -47 percent from -24 percent in October. Export optimism for the year ahead deteriorated sharply. Further, investment intentions deteriorated significantly compared to October. Manufacturers cited uncertainty about demand as the main constraint on investment.

Average costs increased at a faster pace in the quarter to January. The balance advanced to 43 percent from 25 percent in October. A net 58 percent forecast costs to rise in the coming quarter.

The survey was conducted between December 19 and January 13 among 343 manufacturing firms.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Eurozone Consumer Confidence Improves In January (02 hr(s), 0 min(s),09 sec(s) ago)
(RTTNews) - Euro area consumer confidence grew for the first time in three months in January, but ...Full Story»

U.S. Weekly Jobless Claims Extend Rebound (03 hr(s), 06 min(s), 09 sec(s) ago)
(RTTNews) - After reporting a rebound by first-time claims for U.S. unemployment benefits in the p ...Full Story»

U.S. Weekly Jobless Claims Inch Up More Than Expected (03 hr(s), 59 min(s), 09 sec(s) ago)
(RTTNews) - After reporting a rebound by first-time claims for U.S. unemployment benefits in the p ...Full Story»

UK Manufacturers Expect Output To Fall Further: CBI (04 hr(s), 52 min(s), 09 sec(s) ago)
(RTTNews) - UK manufacturers expect output to decline further in the coming three months, the late ...Full Story»

South Africa Wholesale Sales Plunge 7.3% (05 hr(s), 18 min(s), 09 sec(s) ago)
(RTTNews) - South Africa's wholesale trade declined sharply in November after a strong rebound ...Full Story»

Turkey Central Bank Slashes Rate For Second Straight Time (05 hr(s), 40 min(s), 09 sec(s) ago)
(RTTNews) - Turkey's central bank slashed its benchmark rate by 250 basis points for the secon ...Full Story»

Belgium Consumer Confidence Weakens Further (05 hr(s), 40 min(s), 09 sec(s) ago)
(RTTNews) - Belgian consumers continued to express more pessimistic attitudes at the start of the ...Full Story»

Hungary Wage Growth Eases In November (06 hr(s), 11 min(s), 09 sec(s) ago)
(RTTNews) - Hungary's average gross earnings growth moderated in November after accelerating i ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Eurozone Consumer Confidence Improves In January

01/23/2025 - 10:40 AM (RTTNews)
(RTTNews) - Euro area consumer confidence grew for the first time in three months in January, but ...Full Story>>

U.S. Weekly Jobless Claims Extend Rebound

01/23/2025 - 09:34 AM (RTTNews)
(RTTNews) - After reporting a rebound by first-time claims for U.S. unemployment benefits in the p ...Full Story>>

U.S. Weekly Jobless Claims Inch Up More Than Expected

01/23/2025 - 08:41 AM (RTTNews)
(RTTNews) - After reporting a rebound by first-time claims for U.S. unemployment benefits in the p ...Full Story>>

UK Manufacturers Expect Output To Fall Further: CBI

01/23/2025 - 07:48 AM (RTTNews)
(RTTNews) - UK manufacturers expect output to decline further in the coming three months, the late ...Full Story>>

South Africa Wholesale Sales Plunge 7.3%

01/23/2025 - 07:22 AM (RTTNews)
(RTTNews) - South Africa's wholesale trade declined sharply in November after a strong rebound ...Full Story>>

Do not sell my personal information

Copyright © 2025. 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.