UK Factory Slump Eases A Little In August: CBI

www.oann.com | 1/26/2009 | Staff
maddyb7 (Posted by) Level 3
LONDON, Aug 20 (Reuters) – The downturn in British manufacturing eased off a little in August, although the slowdown in the global economy and the Brexit crisis mean a recovery still looks a way off, a survey showed on Tuesday.

The Confederation of British Industry’s (CBI) monthly order book balance rose to -13 from -34 in July. A Reuters poll of economists had pointed to a weaker reading of -23 in August.

Orders - CBI - Gauge - Selling - Prices

Domestic and export orders were below normal and the CBI’s gauge of expected selling prices fell to its lowest level since February 2016.

Official data earlier...
(Excerpt) Read more at: www.oann.com
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