Thursday, March 22, 2007

Forex News: 22.03.2007 UK March manufacturing orders balance +8 pct

The recovery in the UK's manufacturing sector continued during March, as orders rose at a 12-year high, the country's leading business lobby group said today.

The Confederation of British Industry said the total order book balance rose to +8 pct in March from February's +4 pct.

March's balance was the highest since May 1995, when it stood at +10 pct, and above market expectations for a modest decline to +3 pct.


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