Economic Buzz: UK Manufacturing Orders Set To Pick Up

Economic Buzz: UK Manufacturing Orders Set To Pick Up

Oct 21, 2021 04:10 IST capital market

UK manufacturers expect new orders to grow at a faster pace in the next quarter, survey results from the Confederation of British Industry showed on Thursday. According to the Industrial Trends survey results, a net of 22% said new orders grew in three months to October, which was slower than Julys 48%. Manufacturers now expect total new orders growth to rise next quarter, with the balance at 29%. A net balance of 15% said output volumes expanded in three months to October compared to 16% in September. A net 33% expects output growth to accelerate substantially in the next quarter.

Powered by Commodity Insights

Related Story

Open Free Demat Account (Rs699)
Open ZERO Brokerage Demat Account

  • 0

    Delivery Brokerage for Lifetime

  • 20

    Per order for Intraday, F&O, Currency & Commodity