Wednesday, November 18, 2009

Balance CBI industrial orders improved slightly for November

British Confederation of Industrialists has published an economic survey (CBI Industrial Trends Survey), according to which the balance of industrial orders in the UK amounted to -45% for November compared with -51% a month earlier. Thus analysts predicted an increase in the index to -47% during the reporting period.
Demand for manufactured goods Britain began to improve, but still remains low. According to a survey CBI, the release of goods will increase gradually over the next three months.
British Confederation of Industrialists - Leading UK business organizations, representing some 240 000 enterprises. 470 manufacturers participated in the November study.

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