Demand For Manufactured Goods Slightly Weaker

The latest Industrial Trends report from the CBI says that overall demand for UK manufactured goods weakened slightly in June. Order books are still close to their long-term average. Export orders are however also weaker compared with last month but almost normal. Output is still expected to be increased during the next three months. Prices are expected to rise but more slowly than the last three months. Consumer goods are not exopected to rise and no change is expected in capital goods. Stocks are more than adequate to meet demand for the third month in a row, but below the survey's long-run average.