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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)
JUL CBI IND TRENDS ORDER BOOKS +8 (FCST +13); JUN +18
JUL CBI IND TRENDS SELLING PRICES NXT 3 MONTHS +48 (FCST +55); JUN +58
- The July CBI industrial trends survey highlighted a fall in both demand and output growth, as July order books slumped to +8, 5 points below forecast and a 10 point fall from June.
- Growth in manufacturing output weakened to the lowest since post 2021-lockdown levels. Supply constraints (both labour and material) remain acute.
- Signs of easing inflationary pressures continued in July, as the selling price intentions index fell by 10 points, substantially further than the anticipated 3-point reduction. Selling price intentions for the next three months fell for the second consecutive month and was the lowest since September 2021.
- Input costs also cooled in July. Business sentiment saw the third quarter of decline, albeit some recovery seen in investment intentions.
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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