January 2018 UK CBI industrial trends survey

  • Prior 17
  • Export orders 19 vs 16 prior
  • Selling prices 40 vs 23 prior
  • 3m optimism 13 vs -11 prior

Notes.

  • Manufacturing output growth picked up in the three months to January with production expected to expand at a similar pace over the next quarter
  • Capacity pressures appear to be biting harder, with the proportion of firms working below capacity falling to its lowest since 1989
  • Manufacturers expect new orders growth to ease slightly next quarter, anticipating a mild slowdown in domestic orders

Disappointing dip in orders and a big jump in prices. The last 3 months have been good though with total orders at 23 vs 6 prior.

Ryan Littlestone

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