August 2018 UK CBI industrial trends data 21 August 2018

  • Prior 11
  • Selling prices 15 vs 14 exp. Prior 13
  • Export orders 9 unch
  • Output expectations 20 vs 14 prior

A slight softening in orders but exports hold up and firms think the future looks bright.

“Manufacturing growth remains strong, supported by the lower level of sterling and strong global economy. But risks to that growth remain high in light of international trade tensions and the uncertainty caused by Brexit,” CBI economist Anna Leach said

Not a big mover for the quid.

Ryan Littlestone

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