UK November CBI trends total orders -19 vs -27 prior

UK industrial orders improved slightly on the month but remains weak overall, with output in the last three months slumping further to a -12 reading – down from -6 in the three months to October. But at least output expectations are seen improving, with the index up to 9 on the month, compared to -1 in October.

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