UK manufacturers anticipate output to decline again in the three months to March and order books to remain weak, the latest Industrial Trends Survey results from the Confederation of British Industry showed on Wednesday.
The balance for manufacturing output improved to -21 percent from -30 percent in the quarter to November. A balance of 17 percent expects output to decline in the three months to March.
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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.