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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 FEB INDUSTRIAL ORDER BOOKS -16 (FCST -15); JAN -17
UK CBI FEB INDUSTRIAL 3M PRICE EXPECTATIONS +40 (FCST +35); JAN +41
- The February CBI Industrial Trends survey highlighted continued headwinds in the UK manufacturing sector. Output fell in the three months to Feb at the fastest pace since Sep 2020.
- Yet production outlooks for the next three months remained positive.
- Selling price inflation expectations remained expansionary, albeit cooling further from last year's historic highs.
- The February flash PMI this morning reiterated this, as prices charged inflation eased to the softest pace since Jan 2021.
- Weakness in the CBI report will be overshadowed by the February PMI beat this morning. The PMI saw manufacturing activity re-enter expansionary territory for the first time since June, aided by easing supply constraints and signs of improving demand.
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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