Factory orders in the UK fell during the month of April but the outlook for the next three months remains positive, according to the latest Confederation of British Industry’s Industrial Trends Survey.
The CBI report showed the total order book balance dipped by -1 from last month’s +6, falling below the expected +7 predicted by analysts but above -16, the long run average score. Conversely, the survey measured total order volume for the next three months as being +32, rising from +19 and marking the highest score…
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