CBI industrial order books balance jumped to +3% in December

Market news

15 December 2014

CBI industrial order books balance jumped to +3% in December

The Confederation of British Industry (CBI) released its industrial order books balance. The CBI industrial order books balance climbed to +5% in December from +3% in November. That was the highest level since August.

Analysts expected the CBI industrial order books balance to remain unchanged at +3%.

The CBI's director for economics Rain Newton-Smith said that export products have improved and the growth of output is expected.

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