CBI Industrial Trends (Jul 2020)............>

UK DATA: CBI Industrial Trends (Jul 2020)

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- Total Order Books: -46%; Prev(Jun): -58%

- Industry Output Next 3M: +15%; Prev(Jun): -30%

- Industry Output Past 3M: -59%; Prev(Jun): -57%

- Avg Prices Next 3M: +4%; Prev(Jun): -10% 

- Total order books showed the second successive uptick in Jul, however the

index remains well below the long-term average (-14) 

- Export orders ticked up slightly to -64 after the indicator plunged to -79 in

the previous month 

- Output volumes in the next three months shifted back into positive territory,

however output volumes in the past three months deteriorated further. 

- Price intentions rebounded after declining for three month in a row

- The report noted that concerns about the impact of Covid-19 on capital

spending persist, but also the lack of demand and heightened financial

constraints are troublesome.