- UK manufacturers’ order book balance falls in June - CBI
Market news
19 June 2019
UK manufacturers’ order book balance falls in June - CBI
The latest
survey by the Confederation of British Industry (CBI) showed on Wednesday the
UK manufacturers’ order books declined in June.
According to
the report, the CBI's monthly factory order book balance dropped to -15 in June
from -10 in the previous month. That was the lowest reading since October 2016.
Economists had expected the reading to edge down to -11.
According to
the report, stocks of finished goods were reported as more than adequate (+12),
but to a lesser degree to last month (+25), while export orders (-12) improved slightly
on April (-16).
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