🔸CBI Survey Reveals Improved Manufacturing Orders in November United Kingdom CBI Industrial Trends OrdersThe Confederation of British Industry's (CBI) net balance of new orders improved to -19 in November 2024 from -27 in October, exceeding forecasts of -25. While total and export order books remained below “normal,” conditions showed improvement. Expectations for selling price inflation rose (11 vs 0), and stocks of finished goods were deemed more than adequate (21, the highest since August 2020). CBI Lead Economist Ben Jones noted that recent output had underperformed due to uncertainties around the UK Budget, US elections, and European political instability, but manufacturers anticipate a return to growth in the coming quarter. 🔗read more 🫶 @OtetMarkets_en