Summary
MANUFACTURERS got a surprise boost from foreign orders in November, but this failed to overcome a decline in domestic demand as total order books fell faster than expected.
The monthly manufacturing survey from the Confederation of British Industry showed that exports surged to their highest since October 2004, with many analysts saying this reflected the pick-up in demand from continental Europe. The volatile monthly measure of exports showed a balance of -13 reporting higher overseas sales, versus -28 forOctober.See the full content of this document
Extract
Cbi Survey Shows Boost From Foreign Orders
Despite this significant improvement, total order books forNovember remained steady at -25, suggesting a slum...
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