June 2018 UK CBI industrial trends data 20 June 2018

  • Prior -3
  • Export orders 9 vs 8 prior
  • Expectations 18 vs 27 prior
  • Price expectations 13 vs 19 prior

A very nice jump in orders after a poor start to the year. CBI economist Anna Leach says;

“The recovery in orders and a return to bumper growth in production suggests that the lull in manufacturing activity may be over”

GBP unmoved on the data. GBPUSD at 1.3163. EURGBP 0.8787.

 

Ryan Littlestone

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