UK CBI manufacturing orders fall to the lowest since 2021

<ul><li>Order book balance -35 vs -26 prior</li><li>Output balance for the past three months -17 vs -6</li><li>Output price expectations +11 vs +7 prior</li></ul><p>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.</p>

This article was written by Adam Button at www.forexlive.com.