UK CBI manufacturing orders fall to the lowest since 2021

  • CBI manufacturing orders for November book balance -35 vs -26 prior
  • Order book balance -35 vs -26 prior
  • Output balance for the past three months -17 vs -6
  • Output price expectations +11 vs +7 prior

The 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.

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