UK Factory Orders Rise to Highest Since Late 2024
British factory orders saw their sharpest improvement in over five years this month according to CBI data. The gauge rose to -25 in August from -45 in July, signaling growing resilience despite ongoing cost pressures.
Insights:
British factory orders rose to -25 in August from -45 in July, marking the highest level since November 2024. The 20-point jump is the sharpest improvement in more than five years across the United Kingdom.
