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...
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