UK manufacturers continued to register decline in new orders in June and output logged a steady pace of sharp decline, survey data from the Confederation of British Industry showed on Tuesday.
The total order books balance fell to -33 percent in June from -30 percent in May, the latest monthly Industrial Trends Survey showed. At the same time, export orders dropped at slower pace with the indicator rising to -26 percent from -29 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.