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UK factory orders gauge falls to five-month low in March

Published 03/21/2018, 08:07 AM
© Reuters.  UK factory orders gauge falls to five-month low in March
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  • British factory orders book balance fell to +4 in March, following +10 in February, however, data remains well above the long-run average of -14
  • "Robust global growth and the low pound have gifted UK manufacturers a strong first quarter in 2018," CBI economist Anna Leach said.
  • "Confidence among manufacturers will have been given an additional boost by the agreement of a transition deal, giving them the confidence to continue investing and planning for growth," she said.
  • Source: Investing.com
  • ETFs: FXB, EWU, GBB, DBUK, FKU, EWUS, DXPS, HEWU, QGBR, DGBP, FLGB, UGBP
  • Now read: U.K. Inflation Fall Brings Relief To Households


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