UK March CBI Trends Total Orders Show Marginal Improvement
Friday, 22 March 2024, 11:06
UK March CBI Trends Report
The latest UK CBI trends report for March reveals a modest decline in total orders from the prior month.
Key Highlights:
- Manufacturers Plan Price Hikes: Manufacturers are looking to increase selling prices by the most since last May.
- Supply Chain Disruptions: Ongoing disruptions in the Red Sea are impacting supply chains.
- The situation is a risk factor for the Bank of England to monitor closely in the future.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.