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CBI Industrial Trends (Sep 2019) ...........>

UK DATA
MNI (London)
UK DATA: CBI Industrial Trends (Sep 2019) 
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--Total order books: -28%; Prev(Aug): -13% 
- Industry output volume next 3m: -19%; Prev(Aug): -1% 
- Industry output volume past 3m: 1%; Prev(Aug): -3% 
- Average prices next 3m: 12%; Prev(Aug): -2% 
- The report notes that the outlook for the UK manufacturing sector deteriorated
significantly in Sep.
- Total order books slumped to -28% in Sep, missing market expectations of a
softer decline to -16% 
- Export orders weakened again in Sep, falling back to July's level of -32% 
- Meanwhile, price intentions over the next three months picked up to 12%, after
Augusts decline of 2.0% 
- Manufacturers expect output to decline in the next three month with
expectations at their weakest since the financial crisis.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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