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Economy in Brief

UK Orders Bounce Higher in Survey Unexpectedly
by Robert Brusca November 20, 2007

UK orders jumped to a net balance reading of +8 from -6 in October. The series has been somewhat see-saw as the chart on the left shows. Export orders, also showing some see-saw movement, are nonetheless rather better behaved and showing a clearer trend move lower. Output volume has been moving to lower readings but that net balance response continues to be at a firm, positive, +9. The price reading shows an unwelcome +21, its strongest reading in a while.

UK Industrial Volume Data CBI Survey
Reported: Nov
07
Oct
07
Sep
07
Aug
07
12MO Avg Pctile Max Min Range
Total Orders 8 -6 6 9 2 98% 9 -40 49
Export Orders -4 -9 -2 -3 -4 87% 3 -50 53
Stocks:Finished Goods 14 14 7 9 10 57% 26 -2 28
Output Volume: Next 3M 9 10 17 13 16 66% 28 -28 56
Avg Prices 4Nxt 3m 21 14 16 16 17 93% 25 -30 55
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