Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

U.K. Factory-Orders Slump Eased in January, CBI Report Says

A slump in U.K. manufacturing demand eased in January, according to the Confederation of British Industry, which said the outlook for growth remains threatened by the crisis in the euro area.

An index of factory orders rose to minus 16 from minus 23 in December, the CBI said in a report in London today. A gauge of export orders increased to minus 26 from minus 32.

Producers were optimistic on the outlook for the coming three months, with a gauge of expectations for output volumes rising to 15 from minus 8, the first positive reading since September. A measure of expectations for selling prices over the period rose to 13 from 7.

“We know that 2012 will not be an easy year,” John Cridland, CBI director general, said in a statement. “The crisis in the euro zone is still hanging over the U.K., threatening future growth. Nevertheless, within the survey there are tentative signs that things could improve somewhat in the coming quarter.”

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.