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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 MAR CBI INDUSTRIAL TRENDS TOTAL ORDERS -20 (FCST -15); FEB -16
UK MAR CBI INDUSTRIAL TRENDS SELLING PRICES +25 (FCST 37); FEB 40
- The CBI industrial trends survey for March found manufacturers selling price inflation expectations cool to their lowest in two years, whilst new orders weakened further.
- Selling price expectations eased markedly (-20% from -16%), albeit remaining historically elevated.
- This follows the February PPI data release this morning, which saw output PPI fall by -0.3% m/m and ease by 1.4pp to +12.1% y/y. Falling crude oil and petroleum prices drove factory-gate inflation lower in February.
- Weak new orders continue to hamper the UK industrial sector in March. Total order books deteriorated further to their weakest level since February 2021. For now, forward-looking three-month expectations remain positive. Friday's March flash PMI will provide further insight.
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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