Exports bounce back

first_img AN index of British factory orders rose to its highest level in two years in August after overseas demand rebounded from a dip in July, the CBI’s monthly industrial trends survey showed.The CBI survey showed how the total order book balance rose in line with expectations to -14 this month, up from -16 in July.The export order book balance rebounded to -1 from July’s -12, a sharp dip from the -2 recorded in June. This survey’s order book balances are almost always in negative territory, even when other measures show growing orders.“Prospects for the manufacturing sector remain very positive. Demand is steadily improving, helped by the revival of export orders after some weakness last month, and manufacturers expect slightly strong production growth in the three months ahead,” said the CBI’s head of economic analysis, Lai Wah Co.“However, inflationary pressures within the sector have not fully faded, and firms are predicting a faster rise in output prices over the next quarter,” she continued.The domestic prices index jumped to its highest since May at +11 versus +5, while output expectations rose to +10 from +6. Tags: NULL whatsapp John Dunne whatsapp Share Exports bounce back Thursday 19 August 2010 7:04 am More From Our Partners I blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com Show Comments ▼last_img

Leave a Reply