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UK Manufacturers Expect Orders To Fall: CBI

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us

UK manufacturers reported a notable fall in new orders in the three months to January due to declines in both domestic and export orders and they expect another fall in the coming quarter, the quarterly Industrial Trends survey from the Confederation of British Industry showed on Wednesday.

The order book balance fell to -21 percent, which was the fastest fall since July 2020. A balance of 13 percent expects another decline in orders in the three months to April.

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