UK CBI manufacturing orders fall to the lowest since 2021 ...Middle East

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UK CBI manufacturing orders fall to the lowest since 2021
source : forex live ( Middle East ) () 36
Order book balance -35 vs -26 priorOutput balance for the past three months -17 vs -6Output price expectations +11 vs +7 priorThe latest UK manufacturing data point to a stagflationary environment with orders down the most in nearly three years and prices rising. Factories are struggling with weak demand due to high interest rates. This article was written by Adam Button at www.forexlive.com.

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