Latest data released by the Confederation of British Industry - 20 November 2018
- Prior -6
- Trends selling prices 9
- Prior 10
Readings above 0 indicates optimism while below indicates pessimism. The headline is a survey on manufacturers to rate the level of volume for orders expected during the next 3 months.
A decent beat relative to expectations there. Brexit uncertainty has been a bit of a plague on factory activity sentiment but that's not showing up in the release here which is a bit peculiar. Nonetheless, this is very much a minor release with plenty of focus being on Brexit right now.
