Business

CBI UK April Trends: Total Orders -23 vs. -16 Expected

  • Before -18

The balance of the British manufacturing order book fell in April to its lowest level since January. But at least the good news is that the balance of production expectations rose to 11 for the month, its highest level since October last year. Added to this is an improvement in quarterly business optimism to +9 (previously -3 in January). And it’s the highest since July 2021.

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

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