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Economy in Brief

UK Industrial Sector Shows no Sign of Weakness, but Hints at Inflation
by Robert Brusca January 22, 2008

UK orders are holding in positive territory, but not by much. Order volumes expected in 3-Mos snapped back in January. Prices are staying very strong in the range in the top seven percent since end 2000. Export orders did tick back down in January to -4 juts below their 12-month average at -3. On balance the UK industrial sector looks fairly firm and somewhat inflation prone.

UK Industrial volume data CBI Survey
Reported: Jan-07 Dec-06 Nov-06 Oct-06 12MO Avg Pcntle Max Min Range
Total Orders -9 -5 -6 -20 -11 74% 2 -40 42
Export Orders -3 -5 3 -11 -6 89% 3 -50 53
Stocks: Final Goods 17 11 2 20 12 63% 26 2 24
Output Volume: Next 3-Mo 12 11 5 9 11 80% 22 -28 50
Avg Prices for Next 3 mos 19 8 19 12 10 100% 19 -30 49
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