UK manufacturers reported a slight fall in orders and their production declined at the fastest pace since late 2020, the Industrial Trends Survey results from the Confederation of British Industry showed on Monday.
The order book balance fell slightly to -6 percent in December from -5 percent in November. Nonetheless, the balance was better than the long run average of -13 percent and also economists' forecast of -9 percent.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.