The UK’s CBI Industrial Trends Orders index fell sharply to -38 from a previous reading of -27, marking a significant decline. This 11-point drop indicates a worsening outlook for the industrial sector, highlighting a decrease in order volumes.
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The actual figure of -38 was notably below the analyst estimate of -30, suggesting weaker-than-expected industrial activity. This negative surprise is likely to weigh on manufacturing and industrial stocks, as it points to reduced demand and potential production slowdowns. The market impact may be more sentiment-driven in the short term, but persistent weakness could influence longer-term policy expectations regarding economic support measures.