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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
UK DATA
MNI (London)
UK CBI INDUSTRY TRENDS: JUNE TOTAL ORDER +18 VS +26 MAY
UK CBI JUNE AVG PRICES NEXT 3 MONTHS: +58 VS +75 MAY
- The June CBI industrial trends survey highlighted easing price pressure expectations, with the three-month expected outlook falling to the lowest seen in nine months. Price expectations were 17 points below both the May reading and this month's expected outcome.
- Growth outlooks weakened, as output and order books slowed. Food, drinks and tobacco output contracted, however, order books remain above long-run averages.
- An improvement was seen in stock levels, which re-entered adequate territory following inadequacy seen for most of last year, a sign of supply chain disruptions and shortages seeing significant easing.
- As such, this month's survey hints at a possible turning point in continued issues surrounding inflation and supply chains. The July survey will be a further step in accessing continued improvements.
Source: CBI
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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